3. Omemee Company had the following transactions during the year:
Net Loss ($36,000)
Depreciation $28,000
Increase in accounts receivable $35,000
Decrease in inventories $14,500
Increase in accounts payable $34,000
Decrease in income taxes payable $6,700
Decrease in wages payable $1,800
Proceeds on Sale of Equipment $380,000
Repayment of bonds $250,000
Issuance of Common shares $100,000
Proceeds on sale of land $150,000
Gain on sale of land $20,000
Payment of dividends $10,000
Determine the cash from financing activities under ASPE: (5 Points)
