Statement of cash flows Obj. 5 A summary of cash flows for Ousel Travel Service for the year ended November 30, 20Y8, follows:

Cash receipts:

Cash received from customers $1,465,000 Cash received from issuing common stock 50,000 Cash payments:

Cash paid for operating expenses 1,230,000 Cash paid for land 150,000 Cash paid for dividends 30,000 The cash balance as of December 1, 20Y7, was $203,000.

Prepare a statement of cash flows for Ousel Travel Service for the year ended November 30, 20Y8.

AppendixLO1