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Borrowings under line of credit (bank) Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:
Borrowings under line of credit (bank) Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income Purchase of property, plant, and equipment Proceeds from issuance of stock $ 5,154 2,081 1,126 23 Cash received from customers 37,181 Payments to reduce long-term debt 47 Sale of marketable securities 239 Proceeds from sale of property and equipment 6,877 Dividends paid 294 Interest paid 106 Purchase of treasury stock (stock repurchase) 2,579 Required: Based on this information, present the investing and financing activities sections of the cash flow statement. Note: List cash outflows as negative amounts. OERING'S FURNITURE CORPORATION Statement of Cash Flows (Partial) Cash flows from investing activities: Purchase of property, plant, and equipment Sale of marketable securities Proceeds from sale of property, plant, and equipment Cash flows from financing activities: $ 1,086 229 68: $ 1,383 $ 0
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