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Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities Net income Purchase of equipment Borrowings under
Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it 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 $ 4,235 881 1,427 12 29,264 47 135 6,694 278 91 Required: Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement.(Amounts to be deducted should be indicated with a minus sign.) ROWE FURNITURE CORPORATION Statement of Cash Flows (Partial) Cash Flows from Investing Activities Cash Flows from Financing Activities
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