Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities: Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customersS Payments to reduce notes payable (long-term) Sale of investment Proceeds from sale of equipment Dividends paid Interest paid 4,535 911 1,457 15 29,564 50 138 6,994 281 94 MODERN MOVABLES CORPORATION Statement of Cash Flows (Partial) Cash Flows from Investing Activities: Cash Flows from Financing Activities