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Saige Outdoor Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities: Net income Purchase of
Saige Outdoor Incorporated is a Washington-based clothing and ski/skate accessories retailer. 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 $ 1,845 9,136 29,302 501 Payments to reduce notes payable (long-term); Proceeds from sale of marketable securities Purchase of narketable securities Income taxes paid Other fixed assets purchased with promissory notes Required: 421,308 24,308 41,275 35,121 7,437 3,571 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.) SAIGE OUTDOOR INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: Cash Flows from Financing Activities:
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