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Dakota Skates Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities: Net income Purchase of
Dakota Skates Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities: Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes payable (long-term) Proceeds from sale of marketable securities Purchase of marketable securities Income taxes paid Other fixed assets purchased with promissory notes Required: $ 1,800 9,091 29,257 456 421,218 24,263 41,230 35,076 7,392 3,526 Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated with a minus sign.) DAKOTA SKATES INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: B Based on this information, present the cash flows from investing and financing acti to be deducted should be indicated with a minus sign.) Book Hint Print eferences DAKOTA SKATES INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: Cash Flows from Financing Activities:
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