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1. Acquired $24,600 cash from the issue of common stock. 2. Provided $15,100 of services on account. 3. Paid $16,200 cash on accounts payable. 4.

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1. Acquired $24,600 cash from the issue of common stock. 2. Provided $15,100 of services on account. 3. Paid $16,200 cash on accounts payable. 4. Performed services for $36,500 cash. 5. Collected $5,650 cash from accounts receivable. 6. Incurred $8,650 of operating expenses on account. 7. Paid a $27,800 cash for one year's rent in advance. 8. Paid a $8,100 cash dividend to the stockholders. 9. Paid $3.000 cash for supplies to be used in the future. 10. Recognized $33,600 of accrued salaries expense. Required a. Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). b. Prepare a statement of cash flows. (There is no beginning cash balance.) Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). (Not all cells will require entry.) EWING COMPANY \& Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities Net change in cash Ending cash balance

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