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P3

The other two-thirds of the statement

Every investing and financing line, at the actual cash amount.

Investing
Sold plant assets$12,000
Bought plant assets (cash portion)($10,000)
Net cash from investing$2,000
Financing
Issued common stock$15,000
Retired notes($18,000)
Paid dividends($14,000)
Net cash used by financing($17,000)

Investing and financing never adjust anything — they simply list the real cash that moved. Selling plant assets shows the , never the loss; the loss already left through the operating section.

The 60,000 note that financed part of the plant asset purchase never appears in investing at all — only the 10,000 actually paid in cash does. The note itself is a disclosure.