Testbank Exercise 3 Berry Corporation reported the following cash transactions for last year.
| Issued common stock at $67 per share |
$161,000 |
| Paid dividends to stockholders at year end |
56,020 |
| Received dividends from investments in other companies |
33,240 |
| Purchased bonds issued by City of Metropolis |
48,810 |
| Borrowed money from City Bank |
23,420 |
| Made payment to City Bank on loan |
4,380 |
| Purchased office equipment |
11,920 |
| Received interest payment on City of Metropolis bonds |
2,080 |
Prepare the investing section of Berry's statement of cash flows. (Enter amounts that decrease cash using either a negative sign preceding the number e.g. -4,527 or parentheses e.g. (4,527).)
(b) Prepare the financing section of Berry's statement of cash flows. (Enter amounts that decrease cash using either a negative sign preceding the number e.g. -4,527 or parentheses e.g. (4,527).)