Presented below are selected financial statement items for Kennedy Corporation for December 31, 1998:

\section*{Instructions}
Determine which items should be included in a statement of cash flows, and then prepare the statement for Kennedy Corporation.

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Inventory Cash paid to suppliers $ 55,000 Building 70,000 400,000 Common stock 20,000 Cash dividends paid 8,000 Cash paid to purchase equipment 15,000 Equipment 40,000 Revenues 200,000 Cash received from customers 120,000