Question: I need help getting the right answer, thanks! ork Saved Help Save & Exit Submit Check my work Exercise 4-18A Calculate financing cash flows (L04-7)


I need help getting the right answer, thanks!
ork Saved Help Save & Exit Submit Check my work Exercise 4-18A Calculate financing cash flows (L04-7) Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $2,150. b. Cash provided from consulting to customers, $48,100. c. Cash used for purchase of mining equipment, $78,000. d. Cash provided from long-term borrowing, $65,000. e. Cash used for payment of employee salaries, $24,500. f. Cash used for payment of office rent, $12,500. g. Cash provided from sale of equipment purchased in c. above, $23,000. h. Cash used to repay a portion of the long-term borrowing in d. above, $42,500. i. Cash used to pay office utilities, $4,800. j. Purchase of company vehicle, paying $10,500 cash. Required: Calculate cash flows from financing activities. (List cash outflows as negative amounts.) $ 1 Cash used for purchase of office supplies. Cash provided from consulting to customers. Cash used for payment of employee salaries. Cash used for payment of office rent. Cash used to pay office utilities (2.150) 48,100 (24,500) (12,500) (4.800) Cash flows from financing activities $ 4,150
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