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Below are cash transactions for a company, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies,
Below are cash transactions for a company, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,650. b. Cash provided from consulting to customers, $43,100. C. Cash used for purchase of mining equipment, $68,000 d. Cash provided from long-term borrowing, $55,000. e. Cash used for payment of employee salaries, $23,500. 1. Cash used for payment of office rent, $11,500. g. Cash provided from sale of equipment purchased in c. above, $22,000. h. Cash used to repay a portion of the long-term borrowing in d. above $37.500. 1. Cash used to pay office utilities, $3,800. J. Purchase of company vehicle, paying $9.500 cash. Required: Calculate cash flows from investing activities. (List cash outflows as negative amounts.) $ 0 Cash flows from investing activities
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