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Brief Exercise 4-12 Statement of cash flows; investing and financing activities [LO4-8] The following are summary cash transactions that occurred during the year for Hilliard

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Brief Exercise 4-12 Statement of cash flows; investing and financing activities [LO4-8] The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC): Cash received from Customers Interest on note receivable Collection of note receivable Sale of land Issuance of common stock $830,000 29,000 270,000 57,000 370,000 Cash paid for: Interest on note payable Purchase of equipment Operating expenses Dividends to shareholders 35,000 205,000 525,000 47,000 Prepare the cash flows from investing and financing activities sections of HHC's statement of cash flows. (Amounts to be ded should be indicated with a minus sign.) Cash flows from investing activities Net cash flows from investing activities Cash flows from financing activities Prey6

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