The following T-account is a summary of the Cash account of Cuellar Company.

Cash (Summary Form)
Balance, Jan. 1	9,000
Receipts from customers	361,800	Payments for goods	238,000
Dividends on stock investments	5,600	Payments for operating expenses	140,900
Proceeds from sale of equipment	35,300	Interest paid	11,700
Proceeds from issuance of		Taxes paid	8,700
bonds payable	500,000	Dividends paid	60,000
Balance, Dec. 31	452,400

What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?

Answer rating: 100% (QA)

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