Rolling Meadows Country Club Inc. is a privately owned corporation that operates a golf club. Rolling Meadows reported the following inflows and outflows of cash during 2019:

Rolling Meadows had cash on hand at 1/1/2019 of $8,500.
Required:
1. Prepare a properly formatted statement of cash flows using the indirect method.
2. What can you conclude by examining the patterns in Rolling Meadow's cash flows?