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During the year, Vaughan Company issued common stock for $50,000 cash, purchased $60,000 of equipment with cash, paid $10,000 dividends, borrowed $15,000 cash and sold
During the year, Vaughan Company issued common stock for $50,000 cash, purchased $60,000 of equipment with cash, paid $10,000 dividends, borrowed $15,000 cash and sold long term investments that cost $50,000 for $64,000. Their total cash flows from financing activities for the year are: O $25,000 inflow O $59,000 inflow O $10,000 outflow O $55,000 inflow O $4,000 inflow
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