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Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income $ 5,148 Purchase of property,
Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:
Net income | $ | 5,148 |
Purchase of property, plant, and equipment | 2,080 | |
Borrowings under line of credit (bank) | 1,129 | |
Proceeds from issuance of stock | 28 | |
Cash received from customers | 37,168 | |
Payments to reduce long-term debt | 49 | |
Sale of marketable securities | 233 | |
Proceeds from sale of property and equipment | 6,874 | |
Dividends paid | 286 | |
Interest paid | 108 | |
Purchase of treasury stock (stock repurchase) | 2,579 | |
Required:
Based on this information, present the investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)
Options are: Borrowings under line of credit, cash received from customers, payment of dividends, payment of interest, payments on long term debt.
Then write the amount.
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