Question $18$

Use the following information to answer the question below: Hoosier Restaurant's Statement of Cash Flow would report

net cash inflows $($outflows$)$ from financing activities in the amount of:

Cash received from:

Customers: $ $1,950$

Sale of land: $$110$

Sale of common stock: $$620$

Bank loan: $$2,100$

Cash paid for:

Income tax $$90$

Repayment of bank loan $$1,600$

Purchase of equipment $$4,200$

Purchase of inventory $$1,100$

Dividends on common stock $$230$

Office rent $$520$

$$890$

$($$$3,310)$

$$240$

$($$$4,320)$

$$800$