Using the following data for Omega Company, prepare Statement of Cash

Flows as of December 31 for the year ended. All amounts are cash flows.

The cash balance at the beginning of the year was $125,000 and $500,000

at the end of the year. All numbers are in dollars.

Received sales to customers 10,000,000

Purchased new equipment 3,750,000

Received interest on savings account 40,000

Issued 30 year bonds 100,000

Paid inventory purchases 2 ,420,000

Made mortgage payments 50,000

Paid interest on mortage 80,000

Received dividends from Gamma Company 60,000

Received proceeds on sales of investments 175,000

Paid dividends to common stockholders 90,000

Paid for operating expenses 3 ,075,000

Issued additional shares of common stock 250,000

Issued loans to employees 50,000

Received rent from tenants on excess facility space 500,000

Paid income taxes 1,025,000

Retired long-term debt obligations 300,000

Received proceeds on sale of old equipment 90,000

If the company were a sole proprietorship, how would the financing

activities be reported?