A corporation prepared its statement of
of cash flows for the year. The following information is taken from that statement:
Net cash provided by investing activities
able[[Cash balance, beginning of year,$14,500
Net cash provided by operating activities Net cash provided by investing activities Cash balance,beginning of year Cash balance,end of year B$3,300 A$3,300 C$15,400 D$15,400
$14,500 4,200 5,800 9,100
B
B A
4
11
AAn outflow of $35,000 B An inflow of $215,000 CAn outflow of $215,000 D) It would not be reported in the financing activities section.
18 Statement of Cash Flows for the current year contained the following
Cash received from operating activities
$10,000 40,000 30,000 1,000 20,000
Cash used for purchase of equipment
Cash received for share issuance Cash dividends paid to shareholders Cash borrowed from bank The change in cash for the current year was an increase of $14,000. Use the information above to answer the following question. What is the amount of cash flows from (used in financing activities? A$49,000 B$10,000 C$40,000 D$5,000