Question
The following extracts are taken from CR-7 Company: Issuance of shares of the companys own common stock................ $100,000 Dividends paid to the companys own shareholders........................
The following extracts are taken from CR-7 Company:
Issuance of shares of the companys own common stock................ $100,000
Dividends paid to the companys own shareholders........................ $7,000
Dividends received from investments in other companies shares.. $2,000
Interest paid on the companys own bonds...................................... $25,000
Repayment of principal on the companys own bonds.................... $90,000
Proceeds from sale of the companys used equipment .................... $9,000
Purchase of land ............................................................................... $120,000
Based solely on the above information, the net cash provided by financing activities for the year on the statement of cash flows would be?
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