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10.00 points Exercise 1-17 Statement of cash flows LO 1-5 a fast-food company, had a balance in its Cash account of $40,800. During On January

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10.00 points Exercise 1-17 Statement of cash flows LO 1-5 a fast-food company, had a balance in its Cash account of $40,800. During On January 1, 2014, Palmetto, the 2014 accounting period, the company had (1) net cash inflow from operating activities of $23,600, (2) net cash outflow for investing activities of $31,000, and (3) net cash outlow from financing activities of $12,500 Required d. Propare a statement of cash fows.(Amounts to be doducted should be indicated with a minus sign.) Statement of Cash Flows For the Year Ended r31, 2014 Cash Sows from operating activities Cash flows firom investing activities Cash Sows from financing activities Ending cash balance ReferenceseBook&Resources Type here to search 16

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