The following summary transactions occurred during the year for Bluebonnet. Cash received from: Collections from customers...
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The following summary transactions occurred during the year for Bluebonnet. Cash received from: Collections from customers $380,000 Interest on notes receivable 6,000 Collection of notes receivable 50,000 Sale of investments 30,000 Issuance of notes payable 100,000 Cash paid for: Purchase of inventory 160,000 Interest on notes payable 5,000 Purchase of equipment 85,000 Salaries to employees 90,000 Payment of notes payable 25,000 Dividends to shareholders 20,000 Required: Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) BLUEBONNET COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from financing activities: Net cash flows from financing activities $ GA 0 The following summary transactions occurred during the year for Bluebonnet. Cash received from: Collections from customers $380,000 Interest on notes receivable 6,000 Collection of notes receivable 50,000 Sale of investments 30,000 Issuance of notes payable 100,000 Cash paid for: Purchase of inventory 160,000 Interest on notes payable 5,000 Purchase of equipment 85,000 Salaries to employees 90,000 Payment of notes payable 25,000 Dividends to shareholders 20,000 Required: Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) BLUEBONNET COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from financing activities: Net cash flows from financing activities $ GA 0
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