Answer:
the net cash used in long term investing activities is $1,192,599.
the net cash provided by the company’s financing activities is $81,354.
Explanation:
Prepare the following sections of the Cash Flow Statement
<u>Cash flow from Investing Activities</u>
Increase in investments in marketable securities ($329,370)
Purchase of new Fixed Assets ($1,211,231)
Proceeds from sale of fixed assets $348,002
Net Cash from Investing Activities ($1,192,599)
<u>Cash flow from Financing Activities</u>
Repayment of long-term debt ($773,200)
New debt capital raised $913,555
Repurchase of stock ($59,001)
Net Cash from Financing Activities $81,354
