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Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet

Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows:

Ending BalanceBeginning BalanceCash$64,400$76,900Accounts receivable53,20057,200Inventory71,40065,000Total current assets189,000199,100Property, plant, and equipment192,000182,000Less accumulated depreciation64,00045,500Net property, plant, and equipment128,000136,500Total assets$317,000$335,600Accounts payable$41,600$74,000Income taxes payable32,40039,600Bonds payable78,00065,000Common stock91,00078,000Retained earnings74,00079,000Total liabilities and stockholders' equity$317,000$335,600

During the year, Ravenna paid a $7,800 cash dividend and it sold a piece of equipment for $3,900 that had originally cost $8,400 and had accumulated depreciation of $5,600. The company did not retire any bonds or repurchase any of its own common stock during the year.

14. What is the amount of gross cash inflows reported in the financing section of the company's statement of cash flows?

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