Comparative consolidated balance sheet data for Iverson, Inc., and its 80 percentowned subsidiary Oakley Co. follow:

		2014			2013
Cash	$	7,000		$	20,000
Accounts receivable (net)		55,000			38,000
Merchandise inventory		85,000			45,000
Buildings and equipment (net)		95,000			105,000
Trademark		85,000			100,000
Totals	$	327,000		$	308,000
Accounts payable	$	75,000		$	63,000
Notes payable, long-term		0			25,000
Noncontrolling interest		39,000			35,000
Common stock, $10 par		200,000			200,000
Retained earnings (deficit)		13,000			(15,000)
Totals	$	327,000		$	308,000

Additional Information for Fiscal Year 2014

	Iverson and Oakleys consolidated net income was $45,000.
	Oakley paid $5,000 in dividends during the year. Iverson paid $12,000 in dividends.
	Oakley sold $11,000 worth of merchandise to Iverson during the year.
	There were no purchases or sales of long-term assets during the year.

In the 2014 consolidated statement of cash flows for Iverson Company:

Net cash flows from financing activities were

$(42,000).

$(38,000).

$(37,000).

$(25,000).