Below are cash transactions for Goldman Incorporated, whichprovides consulting services related to mining of preciousmetals.
a. Cash used for purchase of office supplies, $1,550.
b. Cash provided from consulting to customers, $42,100.
c. Cash used for purchase of mining equipment, $66,000.
d. Cash provided from long-term borrowing, $53,000.
e. Cash used for payment of employee salaries, $23,300.
f. Cash used for payment of office rent, $11,300.
g. Cash provided from sale of equipment purchased in c.above, $21,800.
h. Cash used to repay a portion of the long-term borrowing ind. above, $36,500.
i. Cash used to pay office utilities, $3,600.
j. Purchase of company vehicle, paying $9,300 cash and borrowing$14,300.
Required:
Calculate cash flows from financing activities. (Listcash outflows as negative amounts.)
