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Net income $ 9,000 Cash dividends paid to stockholders 2,300 Cash proceeds from sale of land 3,150 Cash proceeds from bank loan 5,900 Cash payment
Net income $ 9,000 Cash dividends paid to stockholders 2,300 Cash proceeds from sale of land 3,150 Cash proceeds from bank loan 5,900 Cash payment (principal) on bank loan 1,400 Cash paid to purchase equipment 4,600 The company would report net cash provided by (used in) financing activities of:
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$(3,125).
$5,900.
$2,200.
$7,300.
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