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The following T-account is a summary of the cash account of Pearl Industries. Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock
The following T-account is a summary of the cash account of Pearl Industries. Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock investments 6,500 Payments for operating expenses 129,900 Proceeds from sale of equipment 39,300 Interest paid Proceeds from issuance of 7,400 336,800 Payments for goods 216,000 10,400 8,000 42,900 Taxes paid bonds payable 298,200 Dividends paid Balance, Dec. 31 281,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amounts that decrease cash flow with either a -signeg.-15,000 or in parenthesis eg. (15,000).) Net cash by financing activities$
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