During 2021, Bramble Corp. had the following activities related to its financial operations: Carrying value of convertible preferred stock in Bramble, converted into common shares of Bramble $ 539000 Payment in 2021 of cash dividend declared in 2020 to preferred shareholders 280000 Payment for the early retirement of long-term bonds payable (carrying amount $3929000) 3974000 Proceeds from the sale of treasury stock (on books at cost of $388000) 451000 The amount of net cash used in financing activities to appear in Bramble's statement of cash flows for 2021 should be

the net cash used in financing activities is -$3,803,000

Explanation:

The computation of the net cash used in financing activities is shown below:

= Payment of cash dividend - payment for early retirement + proceeds from the sale of treasury stock

= -$280,000 -$3,974,000 +  $451,000

= -$3,803,000

hence, the net cash used in financing activities is -$3,803,000

WE simply applied the above formula

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate