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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 Purchase of property, plant,
Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income Purchase of property, plant, and equipment Borrowings under line of credit (bank) Proceeds from issuance of stock Cash received from customers $ 5,154 2,089 1,125 11 37,167 Payments to reduce long-term debt 48 Sale of marketable securities 232 Proceeds from sale of property and equipment 6,881 Dividends paid 282 Interest paid Purchase of treasury stock (stock repurchase) 90 2,567 Required: Based on this information, present the investing and financing activities sections of the cash flow statement. Note: List cash outflows as negative amounts. OERING'S FURNITURE CORPORATION Statement of Cash Flows (Partial) Cash flows from investing activities: Cash flows from financing activities:
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