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Below is selected information for Riverbed Inc. for December 31. During 2022, a new mortgage loan for $90,000 was received and principal payments of
Below is selected information for Riverbed Inc. for December 31. During 2022, a new mortgage loan for $90,000 was received and principal payments of $7,500 were made throughout the year. Net income was $88,000 and dividends declared were fully paid in 2022. 2022 2021 Mortgage payable $227,500 $145,000 Common Shares 105.000 75,000 Retained Earnings 130,000 60,000 Prepare the financing activity section of the statement of cash flows for the year ended December 31, 2022. (Show amounts that decrease cash flow with either a-sign eg.-45,000 or in parenthesis eg. (45,000)) RIVERBED INC. Statement of Cash Flows (Partial) For Year Ended December 31, 2022 Cash flows from financing activities Net cash by financing activities $
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