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Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes

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Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes payable (long-term) Proceeds from sale of marketable securities Purchase of marketable securities Income taxes paid Other fixed assets purchased with promissory notes $ 1,820 9,111 29,277 476 421,258 24,283 41,250 35,096 7,412 3,546 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.) ALPINE ASSOCIATES INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: $ + 0 Cash Flows from Financing Activities

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