02 (30 Points) Name: On Jan. 3, 2019, ABC Company showed a cash balance of P500,000 and incurred the following: 2019 Transactions Jan. 10 Made an additional capital investment, P200,000 cash. Feb 1 Mar 31 April 22 May 1 Jul 1 Aug 31 Sep 1 Nov 15 Oct 31 Dec 28 Received proceeds from a bank loan amounting to P500,000. Sold equipment with a book value of P80,000 for P60,000 Purchased office supplies on account, P25,000 Purchased furniture amounting to P150,000, paid P80,000 cash and P70,000 on account. Rendered P520,000 consulting services: received P225,000 cash, and P295,000 on account. Mr. A withdrew P50,000 cash for personal use. Received from all account customers P118,000 payment on their account balances Paid 40% of Feb 1 bank loan plus P20,000 interest Received P420,000 advance payment from DEF Inc. for services to be rendered in the future. Paid P120,000 rental and P80,000 utilities for the year for office space. And paid salaries expense of P152,000. Required: (1) Fill-out the transaction analysis table below based on the above transactions: Transaction Activity Effect to Cash Amount (2) Based on the table above prepare the Statement of Cash Flow: ABC Company Statement of Cash Flows For the period ending December 31, 2019 Cash flow from operating activities: Inflows: Outflows: Cash flows from investing activities: Inflows: Outflows: Cash flows from financing activities: Inflows: Outflows: Net cash inflow (outflow) Add: Cash beginning balance Cash ending balance