31. Prepare a statement of cash flows for Beagle, Inc. for the current year from the following: Cash balance on Jan. 1, Year 1 Bad Debt Expense Cash borrowed from bank Cash Revenue Operating Expenses (all cash) Depreciation Expense $1,200 300 5,000 47,000 32,000 1,700 Sale of building (book value $120,000) 98,000 Purchase of land for cash Cash dividends paid 62,000 3,000