Oering’s Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income$5,144Purchase of property, plant, and equipment 1,075Borrowings under line of credit (bank) 1,135Proceeds from issuance of stock 15Cash received from customers 37,182Payments to reduce long-term debt 48Sale of marketable securities 222Proceeds from sale of property and equipment 6,880Dividends paid 292Interest paid 103Purchase of treasury stock (stock repurchase) 2,578Required:Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)
RECOMMENDED!!ACC 330-Oering’s Furniture Corporation is a Virginia-based
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