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A company had the following transactions during the year: 1. Paid rent for the next two years, $8,900. 2. Purchased office supplies on account,
A company had the following transactions during the year: 1. Paid rent for the next two years, $8,900. 2. Purchased office supplies on account, $2,800. 3. Purchased equipment, paying $14,000 cash and issuing a note payable for $6,000. 4. Borrowed from the bank, $6,300. 5. Paid employee salaries, $7,600. 6. Paid $1,800 on account related to transaction 2 above. 7. Paid dividends to stockholders, $2,900. 8. Sold land for $10,300 that was purchased in a prior year for $7,100. 9. Collected cash from customers for services provided, $25,800. Required: Calculate cash flows from operating activities, investing activities, and financing activities. (Cash outflc minus sign.) Operating activities Investing activities Financing activities
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