The following selected account balances were taken from ABC Company's general ledger at January 1,...
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Accounting
The following selected account balances were taken from ABC Company's general ledger at January 1, 2023 and December 31, 2023: January 1 December 31 Accounts receivable 56,000 14,000 Short-term notes payable 63,000 37,000 Investments 22,000 60,000 Retained earnings 34,000 51,000 Mortgage payable 126,000 173,000 Unearned revenue 11,000 24,000 Common stock 100,000 175,000 During 2022, ABC Company reported a net income of $47,000 and purchased investments for $38,000 cash. Calculate the net cash flow from financing activities for 2023. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234).
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