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Calculate the net cash provided by financing activities

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Reference no: EM132198312

Question - Swifty Corporation provided the following information on selected transactions during 2018:

Purchase of land by issuing bonds $950000

Proceeds from issuing bonds 2990000

Purchases of inventory 3800000

Purchases of treasury stock 599000

Loans made to affiliated corporations 1450000

Dividends paid to preferred stockholders 402000

Proceeds from issuing preferred stock 1570000

Proceeds from sale of equipment 306000

Calculate the net cash provided by financing activities during 2018?

$4519000.

$3157000.

$4202000.

$3559000.

Reference no: EM132198312

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