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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: $ 3.735 831 Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Canh received from customers Payments to reduce notes payable (long-term) Sale of investments Proceeds from sale of equipment Dividends paid Interest paid 1,372 25 28,764 42 130 6,194 273 86 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 (Partin) Cash Flows from Investing Activities: $ 0 Cash Flows from Financing Activities Required: Based on this information, present the cash flows from investing and financing to be deducted should be indicated with a minus sign.) MODERN MOVABLES CORPORATION Statement of Cash Flows (Partial) Cash Flows from Investing Activities: 0 Cash Flows from Financing Activities: $ 0

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