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  3. the following summary transactions occurred during

The following summary transactions occurred during the year for a company. Cash received...

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Accounting

The following summary transactions occurred during the year for a company.
Cash received from:
Collections from customers $384,000
Interest on notes receivable 8,000
Collection of notes receivable 54,000
Sale of investments 34,000
Issuance of notes payable 104,000
Cash paid for:
Purchase of inventory 164,000
Interest on notes payable 7,000
Purchase of equipment 89,000
Salaries to employees 94,000
Payment of notes payable 27,000
Dividends to shareholders 1,000
Required:
Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

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