Reference no: EM131285085
The following information is available for 2-the-Point, a store specializing in needlecraft and supplies.
Net income $100,000
Payment of dividends 4,000
Issuance of long-term debt 10,000
Issuance of common stock 20,000
Proceeds from sale of equipment 40,000
Collection of note receivable 5,000
Collection of interest revenue 2,000
Loss on sale of equipment 4,000
Net cash provided by (used for) financing activities would be:
$31,000
$26,000
$24,000
$30,000
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Store specializing in needlecraft and supplies
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