Exercise 12-14 (Algo) Using the cash account to determine cash flows LO P3 Debit Balance, December 31, prior year Receipts from customers Receipts from equipment sale Receipts from issuing stock Cash 13,600 81, 600 Payments for inventory 35,000 Payments for salaries 54,400 Payments for land Credit 41,800 27,200 68,000 22,400 4,800 Payments for a copyright Payments for dividends Balance, December 31, current year 20, 400 Use the above Cash account to determine (a) cash flows used by investing activities and (b) cash flows provided b a. Cash used by investing activities b. Cash provided by financing activities