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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 $ 5,135 Purchase of
Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income $ 5,135 Purchase of property, plant, and equipment 2,071 Borrowings under line of credit (bank) Proceeds from issuance of stock 1,117 11 Cash received from customers 37,164 Payments to reduce long-term debt 46 Sale of marketable securities 219 Proceeds from sale of property and equipment Dividends paid 6,894 277 Interest paid 90 Purchase of treasury stock (stock repurchase) 2,583 Required: Based on this information, present the investing and financing activities sections of the cash flow statement. (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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