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Modern Movables Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities: Net income $ 1,815 Purchase

Modern Movables Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities:

Net income $ 1,815
Purchase of equipment 9,106
Borrowings under line of credit (bank) 29,272
Proceeds from issuance of common stock 471
Cash received from customers 421,248
Payments to reduce notes payable (long-term) 24,278
Proceeds from sale of marketable securities 41,245
Purchase of marketable securities 35,091
Income taxes paid 7,407
Other fixed assets purchased with promissory notes 3,541

Required:

Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated with a minus sign.)

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MODERN MOVABLES INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: Cash Flows from Financing Activities

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