4.

value: 1.00 points

EX Qu. 185 A company had the following transactions...

A company had the following transactions during the year: 1. Paid rent for the next two years, $8,300. 2. Purchased office supplies on account, $2,500. 3. Purchased equipment, paying $12,000 cash and issuing a note payable for $5,000. 4. Borrowed from the bank, $6,900. 5. Paid employee salaries, $7,200. 6. Paid $1,600 on account related to transaction 2 above. 7. Paid dividends to stockholders, $2,800. 8. Sold land for $10,400 that was purchased in a prior year for $7,200. 9. Collected cash from customers for services provided, $25,300.

Calculate cash flows from operating activities, investing activities, and financing activities. (Cash outflows should be indicated with a minus sign.)