Lucas Company recorded the following events last year:
| Repurchase by Lucas of its own common stock |
$25,000 |
| Sale of long-term investment |
$44,000 |
| Interest paid to lenders |
$7,500 |
| Cash dividends paid to the company's shareholders |
$54,000 |
| Collection by Lucas of a loan made to another company |
$30,000 |
| Payment of taxes to governmental bodies |
$17,500 |
|
On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
|
|
Based solely on the information above, the net cash provided by financing activities on the statement of cash flows would be:
|
|
$86,500 |
|
$(79,000) |
|
$(148,000) |
|
$178,000 |