$2$A

Parowan Corporation had the following cash flows during $20$X$3.$

Cash paid to purchase building $$45,000$

Cash paid for insurance $$750$

Cash paid for dividends $$14,500$

Cash paid to purchase land $$15,000$

Cash receipt from the issuance of stock $$10,000$

Cash received from customers $$15,000$

Interest received on long$-$term investments $$7,500$

Cash paid for wages $$9,000$

Given this information, net cash inflow $($outflow$)$ from FINANCING activities is:

A Negative $$19,500$

B Positive $$30,000$

C Negative $$4,500$

D Positive $$25,500$

$2$B

The following information comes from the financial records of Huntington Company.

Cash balance, beginning $$1,500$

Cash paid to purchase inventory $$7,800$

Cash received from sale of a building $$5,600$

Cash paid for interest $$450$

Cash paid to repay a loan $$1,000$

Cash collected from customers $$10,000$

Cash received from issuance of new shares of common stock $$1,200$

Cash paid for dividends $$780$

Cash paid for income taxes $$1,320$

Cash paid to purchase machinery $$1,950$

Using the information, compute cash flow from OPERATING activities.

A $$1,330$

B $$1,750$

C $$2,200$

D $$880$

E $$430$