Glenview Financial has the following cash transactions for the year. Assume cash at the beginning of the period is $6,000. Prepare a statement of cash flows.

Accounts Amounts Cash received for sale of services to customers $ 42,000 Cash received from issuance of common stock 33,000 Cash paid to purchase office equipment (49,000)

Cash paid for building maintenance (7,000)

Cash paid for advertisement (8,000)

Cash paid to workers (18,000)

Cash paid for dividends to stockholders (3,000)

Cash received from sale of land 7,000 Cash received from bank borrowing 14,000