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E12-15 Reporting Cash Flows from Investing and Financing Activities (LO 12-3, LO 12-4) Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent

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E12-15 Reporting Cash Flows from Investing and Financing Activities (LO 12-3, LO 12-4) Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter. It reported the following activities: Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of connon stock Cash received from customers Payments to reduce notes payable (long-term) Sale of investments Proceeds from sale of equipment Dividends paid Interest paid $ 3,235 781 1,327 30 28, 264 37 125 5,694 268 81 Required: 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.) MODERN MOVABLES CORPORATION Statement of Cash Flows (Partial) Cash Flows from Investing Activities

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