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A summary of cash flows for Evelyn's Event Planning for the year ended December 3 1 is as follows: Cash receipts: Cash received from customers

A summary of cash flows for Evelyn's Event Planning for the year ended December 31 is as follows:
Cash receipts:
Cash received from customers
$57,360
15,000
Cash received from bank loan
15,000
Cash payments:
Cash paid for expenses and supplies
$21,600
Cash paid for equipment
18,070
Cash paid to owner for personal use
12,000
Cash balance as of January 1
$15,580
Prepare a statement of cash flows for Evelyn's Event Planning for the year ended December 31. Use the minus sign to indicate cash out flows, cash
payments, and decreases in cash.
Evelyn's Event Planning
Statement of Cash Flows
For the Year Ended December 31
Cash flows from (used for) operating activities:
$
Cash flows from (used for) investing activities:
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