es Debit Balance, December 31, prior year Receipts from customers Receipts from equipment sale Receipts from issuing stock Balance, December 31, current year Cash 14,000 Credit 43,000 28,000 70,000 23,000 5,000 84,000 Payments for inventory 36,000 Payments for salaries 56,000 Payments for land Payments for a copyright Payments for dividends 21,000 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.