Explanation:
THOMASON FINANCIAL
Statement of cash flows
for the year ended
Cash flow from operating activities
Cash infolws
Cash received for sale of serivces to customers $ 43,000
Cash outflows
Cash paid to building maintenance $ (3,900)
Cash paid for advertisments $ (6,800)
Cash paid to workers $ (16,000)
Net cash flow from operating activities $ 16,300
Cash flow from investing activities
Cash paid to parchase office equipment $ (35,000)
Cash received from sale of land $ 4,300
Net cash flow from investing activities $ (30,700)
Cash flow from financing activities
Cash received from issuance of common stock $ 24,000
Cash paid for dividends to stockholders $ (1,600)
Cash received from borrowings $ 15,100
Net cash flow from financing activities $ 37,500
Net Increase in cash $ 23,100
Cash at the beginning of the year $ 7,100
Cash at the end of the year $ 30,200
