A summary of cash flows for Linda's Design Services for the year ended December 31 is shown below. Cash recepts: Cash received from customers $82,100 Cash received from sale of stock 20,000 Cash payments: Cash paid for expenses $26,200 Cash paid for land 45,600 Cash paid for supplies 300 Dividends 5,000 The cash balance as of January 1 A $41,700 Prepare a statement of cash flows for Linda's Design Services for the year ended December 31. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Linda's Design Services Statement of Cash Flows For the Year Ended December 31 Cash flows from operating activities: Cash received from customers Cash payments for expenses and supplies The cash balance as of January 1 $41,700 Prepare a statement of cash flows for Linda's Design Services for the year ended December 31. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Linda's Design Services Statement of Cash Flows For the Year Ended December 31 Cash flows from operating activities: Cash received from customers Cash payments for expenses and supplies Net cash flows from operating activities Cash flows used for investing activities: ID Cash flows from financing activities: Net cash flows from financing activities Cash balance, January 1 Cash balance, December 31