1. Fill in the table by indicating if it is an increasing (+) or decreasing (-) transaction. Also indicate if it is an operating (O), investing (I), or financing (F), activity. + or - O, I, or F

Cash payment of dividends	2,000
Cash payment for inventory	120,650
Cash payment for expenses	61,000
Cash payment for wages	45,250
Cash payment for interest expense	925
Cash payment for purchase of equipment	25,350
Cash payment for repayment of debt	14,000
Cash collection of accounts receivable	340,500
Cash collection of interest revenue	12,500
Cash collection of dividend revenue	10,500
Cash proceeds from sale of equipment	12,000
Cash proceeds from sale of common stock	55,000

2. Using the information in the table from question 1, complete the following statement of cash flows using the direct method. List each transaction and amount under the appropriate section. Be sure to indicate if it is increasing or decreasing (+ or -). You may not need to use all of the lines.

Cash from Operating Activity	Amount
Net cash __ (provided or used) by operating activity
Cash from Investing activity	Amount
Net cash _____ (provided or used) by investing activity
Cash from Financing Activity	Amount
Net cash __ (provided or used) by financing activity

Net change in cash during period

Cash at beginning of period 27,000

Cash at end of period