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Payton Place Industries, Inc. is a manufacturer of steel products for customers such as House Depot and Private Motors. In the year ended December 31,
Payton Place Industries, Inc. is a manufacturer of steel products for customers such as House Depot and Private Motors. In the year ended December 31, 2017, it reported the following activities: Net income Purchase of property, plant, and equipment Payments on notes payable (bank) Net proceeds from share issuance Depreciation Proceeds from sale of property, plant, and equipment Decrease in accounts receivable Proceeds from notes payable (bank) Payment of dividends Other financing cash out flows $ 24,789 21,880 193,500 625 38,575 32,540 14,720 58,099 6,6ee 1,952 Required: 1. Based on this Information, present the cash flows from the Investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated by a minus sign.) Cash flows from investing activities: Net cash provided by investing activities Cash flows from financing activities: Net cash used in financing activities
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