2. Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) TIGER TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: From sale of products to customers $ 39,000 From sale of services to customers 29,000 Cash outflows: For merchandise suppliers For workers For advertisement Net cash flows from operating activities Cash Flows from Investing Activities Purchase factory equipment Sale of warehouse Net cash flows from investing activities Cash Flows from Financing Activities Borrow from bank Pay dividends Net cash flows from financing activities Net increase in cash Cash at the beginning of the year Cash at the end of the year (11,800) (23,800) (3,800) (49,000) 12,800 $ 28,600 (36,200) 44,000 (5,800) 38,200 4,800 $ 4,800