Nice try! The difference between proceeds from revenue bonds and proceeds from capital contributed by subdividers is not added to the 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.