Item1 Time Remaining 11 minutes 28 seconds00:11:28 Item 1 Time Remaining 11 minutes 28 seconds00:11:28 During the month of August, Boyce Company had the following transactions: Revenues of $118,000 were earned and received in cash. Bank loans of $16,500 were paid off. Equipment of $38,000 was purchased with cash. Expenses of $72,600 were paid. Stockholders purchased additional shares for $42,000 cash. A statement of cash flows for August, would report an increase in cash of: