Nice try! Transfers out to other funds are not included as a reduction to net cash provided for capital and related financing activities.
Proceeds from Revenue Bonds | $ 250,000 |
Proceeds from the sale of equipment | $ 10,000 |
Proceeds from Capital contributed by subdividers | $ 60,000 |
Payments paid on Revenue Bonds | $ (75,000) |
Net cash provided for capital and related financing activities | 245,000 |
See Cash Flows from Capital and Related Financing Activities for further review.