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Sold available for sales securities

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Reference no: EM13986664

Dasher Builder's, Inc. shows the following as of December 31, 2012.

Sold available for sales securities for $650,000
Acquired 50% of Elven Corp's common stock for $310000 cash which was borrowed from Peppermint's Bank.
Issued 2,000 shares of its preferred stock for land having a fair value of $50,000
Purchased a patent for $170,000 cash
Issued 1,000 of its 12% debenture bonds, due 2017, for $225,000 cash
Paid $130,000 toward bank loan.
Recognized $79,000 net increase in returnable long term customer deposits
Dasher's net cash provided by financing activities for 2012 is (Points: 5)
$614,000.
$535,000.
$484,000.
$405,000. 

Reference no: EM13986664

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