31. Prepare statement of cash flows for Bracelet, Inc. for the current year from the following:

Cash balance on Jan. 1, 2020 Bad Debt Expense

Cash borrowed from bank Cash Revenue

Operating Expenses (all cash) Depreciation Expense

Sale of building (book value $120,000) Purchase of land for cash

Cash dividends paid

$1,200 300 5,000 47,000 32,000 1,700 98,000 62,000 3,000