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The following selected account balances were taken from T3Sb Company's 2039 accounting records: January 1, 2039 December 31, 2039 Inventory $48,000 $22,000 Unearned revenue $16,000
The following selected account balances were taken from T3Sb Company's 2039 accounting records: January 1, 2039 December 31, 2039 Inventory $48,000 $22,000 Unearned revenue $16,000 $29,000 Notes payable $42,000 $31,000 Common stock $37,000 $96,000 Investments $64,000 $50,000 Accounts payable $69,000 $43,000 Retained earnings $31,000 $92,000 T3Sb Company's income statement for 2039 appears below: Sales revenue $582,000 Cost of goods sold $456,000 Utilities expense $ 39,000 Loss on sale of investments $ 10,000 Net income $ 77,000 Calculate T3Sb Company's net cash flow from financing activities for 2039. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234).
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