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The correct cash flows from financing activities is: Below is an example of an incorrectly prepared statement of cash flows. The descriptions of activities are

The correct cash flows from financing activities is:
Below is an example of an incorrectly prepared statement of cash flows. The descriptions of activities are correct.
Cash from operating activities
Net income
Depreciation
Increase in accounts receivable
Increase in deferred tax liability
Cash from investing activities
Purchase of marketable securities
Dividends paid
$60,000
(4,000)
(2,000)
(1,000)
$53,000
Cash from investing activities
Purchase of marketable securities
(48,000)
Dividends paid
1,500
(46,500)
Cash from financing activities
Increase in short-term debt
$,(500)
Increase in long-term debt
(2,500)
$(3,000)
Increase in cash
$3,500
($4,500)
$3,000
$1,000
None of the above
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