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Chen Corporation had the following cash flows during 20X3. Cash receipt from the issuance of stock......................... $30,000 Cash received from customers............................................ 15,000 Interest received on

Chen Corporation had the following cash flows during 20X3.

Cash receipt from the issuance of stock......................... $30,000

Cash received from customers............................................ 15,000

Interest received on long-term investments........................ 7,500

Cash paid for wages................................................................ 9,000

Cash paid for insurance............................................................. 750

Cash paid for dividends.......................................................... 4,500

Cash paid to purchase building........................................... 45,000

Cash paid to purchase land................................................. 15,000

Given this information, net cash inflow (outflow) from financing activities is:

$30,000

negative $19,500

$25,500

negative $4,500

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