A summary of cash flows for A$-$One Travel Service for the year ended August $31,20$Y$6,$ follows:

Cash Flows

Cash receipts:

Cash received from customers $$1,486,000$

Cash received from additional investment by Kate Duffner $37,000$

Cash payments:

Cash paid for operating expenses $$1,219,000$

Cash paid for land $178,000$

Cash paid to Kate Duffner for personal use $23,000$

The cash balance as of September $1,20$Y$5,$ was $$246,000.$

Required

Prepare a statement of cash flows for A$-$One Travel Service for the year ended August $31,20$Y$6.$ Labels

Cash flows from $($used for$)$ financing activities

Cash flows from $($used for$)$ investing activities

Cash flows from $($used for$)$ operating activities

For the Year Ended August $31,20$Y$6$

August $31,20$Y$6$

Amount Descriptions

Cash balance, August $31,20$Y$6$

Cash balance, September $1,20$Y$5$

Cash paid for owner withdrawals

Cash paid for operating expenses

Cash paid for purchase of land

Cash received from customers

Cash received from owner's investment

Net cash flows from financing activities

Net cash flows from investing activities

Net cash flows from operating activities

Net cash flows used for financing activities

Net cash flows used for investing activities

Net cash flows used for operating activities

Net decrease in cash

Net increase in cash

A$-$One Travel Service

Statement of Cash Flows