Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
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Question:
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. |
a. | Cash used for purchase of office supplies, $2,400. |
b. | Cash provided from consulting to customers, $45,500. |
c. | Cash used for purchase of mining equipment, $73,200. |
d. | Cash provided from long-term borrowing, $60,500. |
e. | Cash used for payment of employee salaries, $20,700. |
f. | Cash used for payment of office rent, $10,600. |
g. | Cash provided from sale of equipment purchased in c. above, $21,500. |
h. | Cash used to repay a portion of the long-term borrowing in d. above, $39,700. |
i. | Cash used to pay office utilities, $4,300. |
j. | Purchase of company vehicle, paying $10,400 cash and borrowing $15,600. |
Required: |
Calculate cash flows from financing activities.(Omit the "$" sign in your response.) |
Cash flows from financing activities | $n/r |
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