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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 property,

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) 1,117
Proceeds from issuance of stock 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 6,894
Dividends paid 277
Interest paid 90
Purchase of treasury stock (stock repurchase) 2,583
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Required: Based on this information, present the investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.) Answer is not complete. OERING'S FURNITURE CORPORATION Statement of Cash Flows (Partial) Cash flows from investing activities: Purchase of property, plant & equipment $ (2,071) Sale of marketable securities 219 Proceeds from sale of property, plant & equipment 6,894 $ 5,042 1,117 Cash flows from financing activities: Borrowings under line of credit Proceeds from issuance of stock Payments on long-term debt Payment of dividends Purchase of treasury stock 11 (46) (277) (2,583) $ (1,778)

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