Question: Use the following data to compute net cash flows from financing activities. Cash paid for dividends ($10,000) Cash paid for income taxes ($15,000) Cash paid

Use the following data to compute net cash flows from financing activities.

Cash paid for dividends ($10,000)
Cash paid for income taxes ($15,000)
Cash paid for interest expense ($5,000)
Cash paid for salaries ($400,000)
Cash paid to loan funds to a top manager ($100,000)
Cash paid to purchase inventory ($50,000)
Cash paid to purchase investments ($120,000)
Cash paid to purchase machinery ($150,000)
Cash paid to purchase treasury stock ($25,000)
Cash paid to repay principal on a bank loan ($100,000)
Cash received for interest and dividends earned $6,000
Cash received for loan repayment from manager $100,000
Cash received from a bank loan $100,000
Cash received from customers $750,000
Cash received on the sale of a building $250,000
Cash received on the sale of an investment $10,000
Cash received on the sale of our company's stock $120,000

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