Store specializing in needlecraft and supplies

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Reference no: EM131285085

The following information is available for 2-the-Point, a store specializing in needlecraft and supplies.

Net income $100,000

Payment of dividends 4,000

Issuance of long-term debt 10,000

Issuance of common stock 20,000

Proceeds from sale of equipment 40,000

Collection of note receivable 5,000

Collection of interest revenue 2,000

Loss on sale of equipment 4,000

Net cash provided by (used for) financing activities would be:

$31,000

$26,000

$24,000

$30,000

Reference no: EM131285085

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