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E12-16 (Algo) Reporting Cash Flows from Investing and Financing Activities LO12-4, 12-6 Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent
E12-16 (Algo) Reporting Cash Flows from Investing and Financing Activities LO12-4, 12-6 Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income Purchase of property, plant, and equipment $ 5,155 2,089 Borrowings under line of credit (bank) Proceeds from issuance of stock 1,126 15 Cash received from customers 37,175 Payments to reduce long-term debt 48 Sale of marketable securities 222 Proceeds from sale of property and equipment 6,884 Dividends paid 295 Interest paid Purchase of treasury stock (stock repurchase) 103 2,583 Required: Based on this information, present the investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.) OERING'S FURNITURE CORPORATION Statement of Cash Flows (Partial) Cash flows from investing activities: Cash flows from financing activities:
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