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The following T-account is a summary of the Cash account of Sunland Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from
The following T-account is a summary of the Cash account of Sunland Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of bonds payable Balance, Dec. 31 Cash (Summary Form) 7,600 Net cash 363,800 6,300 36,600 481,200 Payments for goods Payments for operating expenses 499,800 Taxes paid Interest paid LA Dividends paid 211,400 by financing activities $ 140,900 11,900 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) 8,000 60,700
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