Debit Balance, December 31, prior year Receipts from customers Receipts from equipment sale Receipts from issuing stock. Cash Credit 11,400 68,400 Payments for inventory 29,500 Payments for salaries 35,200 22,800 45,600 Payments for land 57,000 Payments for a copyright Payments for dividends 19,100 3,700 17,100 Balance, December 31, current year Use the above Cash account to determine (a) cash flows used by investing activities and (b) cash flows provided by financing activities. a. Cash used by investing activities b. Cash provided by financing activities