Chapter 13, Problem 13.1E

Tabares Corporation had these transactions during 2017.

(a) Issued $50,000 par value common stock for cash.

(b) Purchased a machine for $30,000, giving a long-term note in exchange.

(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.

(d) Declared and paid a cash dividend of $18,000.

(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash.

(f) Collected $16,000 of accounts receivable.

(g) Paid $18,000 on accounts payable.

Instructions

Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.