Business

Hailee Hancock

6 April, 13:15

Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities

Net income $ 5,147

Purchase of property, plant, and equipment 2,084

Borrowings under line of credit (bank) 1,129

Proceeds from issuance of stock 26

Cash received from customers 37,179

Payments to reduce long-term debt 61

Sale of marketable securities 237

Proceeds from sale of property and equipment 6,892

Dividends paid 293

Interest paid 103

Purchase of treasury stock (stock repurchase) 2,571

Required: Based on this information, present the investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)