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The following summary transactions occurred during the year for Daisy. Cash received from: Collections from customers $395,000 Interest on notes receivable 13,500 Collection of notes

The following summary transactions occurred during the year for Daisy.

Cash received from:
Collections from customers $395,000
Interest on notes receivable 13,500
Collection of notes receivable 65,000
Sale of investments 45,000
Issuance of notes payable 115,000
Cash paid for:
Purchase of inventory 175,000
Interest on notes payable 12,500
Purchase of equipment 100,000
Salaries to employees 105,000
Payment of notes payable 32,500
Dividends to shareholders 1,000

Required: Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)image text in transcribed

DAISY COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from financing activities: Net cash flows from financing activities

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