Question: NOTE: ANSWER IS NOT -800 OR 800 Preparing the Cash Flow from Financing Activities Section Gomez Corp. reported the following items for the year ended

 NOTE: ANSWER IS NOT -800 OR 800 Preparing the Cash Flow

NOTE: ANSWER IS NOT -800 OR 800

Preparing the Cash Flow from Financing Activities Section Gomez Corp. reported the following items for the year ended December 31, 2020. Item Purchased an investment in debt securities (long-term) for cash Sold equipment for cash, previously used in operations Paid cash for dividends Issued common stock for cash Retired a 10-year bond payable by repaying the face value at maturity Sold investment in equity securities (held for one-year) Borrowed cash by signing a nine-month note payable Extended a loan to a customer for a building expansion Dec 31, 2020 $ 12,000 10,000 4,000 40,000 32,000 4,400 6,000 3,200 Use a negative sign with your answer to indicate a cash outflow, if applicable. a Calculate net cash from financing activities for the year ended December 31, 2020. $ 800 X

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