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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 $ 5,144 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 | $ 5,144 |
---|---|
Purchase of property, plant, and equipment | 2,081 |
Borrowings under line of credit (bank) | 1,126 |
Proceeds from issuance of stock | 25 |
Cash received from customers | 37,172 |
Payments to reduce long-term debt | 58 |
Sale of marketable securities | 226 |
Proceeds from sale of property and equipment | 6,889 |
Dividends paid | 284 |
Interest paid | 99 |
Purchase of treasury stock (stock repurchase) | 2,568 |
Required:
Based on this information, present the investing and financing activities sections of the cash flow statement.
Note: List cash outflows as negative amounts.
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