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2.5 6 ello H Prot Below are cash transactions for a company, which provides consulting services related to mining of precious metais h. Cash
2.5 6 ello H Prot Below are cash transactions for a company, which provides consulting services related to mining of precious metais h. Cash used for purchase of office supplies, $1,950 b. Cash provided from consulting to customers, $46,100. c. Cash used for purchase of mining equipment, $74,000. d. Cash provided from long-term borrowing. $61,000. e. Cash used for payment of employee salaries. $24.300 Cash used for payment of office rent, $12.100. g. Cash provided from sale of equipment purchased in c. above, $22.600. Cash used to repay a portion of the long-term borrowing in d. above, $40,500. Cash used to pay office utilities, $4,400. Purchase of company vehicle, paying $10,100 cash. Required: Calculate cash flows from financing activities. (List cash outflows as negative amounts.) Mc Saved e. Cash used for payment of employee salaries, $24,100. f. Cash used for payment of office rent, $12,100. g. Cash provided from sale of equipment purchased in c. above, $22,600. h. Cash used to repay a portion of the long-term borrowing in d. above, $40,500. Cash used to pay office utilities, $4,400. Purchase of company vehicle, paying $10,100 cash. Required: Calculate cash flows from financing activities. (List cash outflows as negative am Cash flows from financing activities 0
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