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The following T-account is a summary of the cash account of Blue Spruce Company, Cash (Summary Form) Balance, Jan. 1 10,400 Receipts from customers 473,200
The following T-account is a summary of the cash account of Blue Spruce Company, Cash (Summary Form) Balance, Jan. 1 10,400 Receipts from customers 473,200 Payments for goods 260,000 Dividends on stock investments 7,800 Payments for operating expenses 182,000 Proceeds from sale of equipment 46,800 Interest paid 13,000 Proceeds from issuance of Taxes paid 10,400 bonds payable 390,000 Dividends paid 52,000 Balance, Dec 31 410,800 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 - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash provided by financing activities $ 332800
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