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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 $ 5,138 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
$
5,138
Purchase of property, plant, and equipment
2,086
Borrowings under line of credit (bank)
1,122
Proceeds from issuance of stock
21
Cash received from customers
37,178
Payments to reduce long-term debt
59
Sale of marketable securities
236
Proceeds from sale of property and equipment
6,881
Dividends paid
292
Interest paid
94
Purchase of treasury stock (stock repurchase)
2,565
Required:
Based on this information, present the investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)
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