Noble Company€™s accounting records provided the following changes in account balances and other information for 2016:

Additional information'. Net income was $9,900. Dividends were declared and paid. Land was sold for $1,700. No land was purchased. A building was purchased for $23,000. No buildings and equipment were sold. Bonds payable were issued at the end of the year. Two hundred shares of stock were issued for $15 per share. The beginning cash balance was $4,800.
Required:
Using visual inspection, prepare a 2016 statement of cash flows for Noble.

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Not Changos for 2016 Debit Credit $ 2,000 Accounts Receivable 1900 2,400 1,700 23,000 Buildings and Equipment Accumulatad Dapraciation Accounts Payable Saleries Payable Bonds Payoble Common Stock, no par Retained Eomings 1, 500 1,600 600 5,000 3,000 5, 300 $25,500 23.500