Cash Receipts and Disbursements Allworth Corporation provided the following cash reconciliation for the month of April:

a. Prepare a statement of cash flows for the month of April.

b. Did Allworth have favorable or unfavorable cash flow from operations for the month of April?

c. Did Allworth have positive or negative cash flows from investing activities and financing activities for the month of April?

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Balance at beginning of month Cash receipts: Collections from customers for sales in April Collections from customers for sales made in March $ 32,000 $ 440,000 180,000 128,000 Sale of land Proceeds from new bank loan 590,000 Total cash receipts $1,338,000 Total cash available $1,370,000 Cash payments: Purchase of inventory and supplies $495,000 Payment of property taxes 82,000 Purchase of equipment 295,000 Retirement of common stock 194,000 Payment of wages 187,000 Payment of interest on bank loan 15,000 Total cash payments Balance at end of month (1,268,000) $ 102,000