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What amount of net cash provided by financing activities

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Reference no: EM132507881

The following T-account is a summary of the Cash account of Cuellar Company.

Cash (Summary Form)

Balance, Jan. 18,000

Receipts from customers364,000

Payments for goods200,000

Dividends on stock investments6,000

Payments for operating expenses140,000

Proceeds from sale of equipment36,000

Interest paid10,000

Proceeds from issuance ofTaxes paid8,000

bonds payable300,000

Dividends paid50,000

Balance, Dec. 31306,000

Question 1: What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Reference no: EM132507881

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