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Exercise 4-16A Calculate operating cash flows (L04-7) Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals a.

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Exercise 4-16A Calculate operating cash flows (L04-7) Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals a. Cash used for purchase of office supplies, $2,400 b. Cash provided from consulting to customers, $50,600 C Cash used for purchase of mining equipment, $83,000 d. Cash provided from long term borrowing, $70,000 e Cash used for payment of employee salaries, $25,000 Cash used for payment of office rent, $13,000 9. Cash provided from sale of equipment purchased in c above $23,500 h Cash used to repay a portion of the long-term borrowing in d. above, $45.000 iCash used to pay office utilities, $5,300 J. Purchase of company vehicle paying $11,000 cash. Required: Calculate cash flows from operating activities. (List cash outflows as negative amounts.) Cash flows from operating activities $ 0

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