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Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, t reported the following activities: Net income Purchase of equipment Borrowings under

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Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, t reported the following activities: Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes payable (long-term) Sale of investments Proceeds from sale of equipment Dividends paid Interest paid $ 4,835 941 1,487 18 29,864 53 141 7,294 284 97

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