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A company has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for

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A company has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 33.580 38,500 (43.500) (10,700) 11,700 (22,700) (2,700) 23.500 (4,780) 8 01:58:32 Assume the balance of cash at the beginning of the period is $3,700 Required: 1. Calculate the ending balance of cash. Ending balance 2. Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) Statement of Cash Flows 2. Prepare a statement of cash flows. (Cash outflows should be Indicated by a minus slgn.) Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: Cash outflows: Net cash flows from operating activities Cash Flows from Investing Activities Net cash fows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the year the end of the year

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