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Calculate the cash flows from investing activities based on the following information.
Calculate the cash flows from investing activities based on the following information.
Cash received from customers
$67,550
Cash paid to suppliers
24,000
Purchase of equipment
230,000
Income tax paid
2,800
Payment of dividends
115,000
Proceeds from sale of machinery
105,000
Interest paid
1,500
Proceeds from issue of long-term debt
84,000
Purchase of stocks
87,500
Receipts from sale of equity instruments
177,300 $(35,200) $39,250 $(31,000) $125,000