A summary of cash flows for Westward Travel Service for the year ended October 31, 2014, is shown below. Cash receipts: Cash received from customers $247,840 Cash received from additional investment of owner 14,900 Cash payments: Cash paid for operating expenses 198,270 Cash paid for land 51,100 Cash paid to owner for personal use 3,100 The cash balance as of November 1, 2013, was $113,120.

Prepare a statement of cash flows for Westward Travel Service for the year ended October 31, 2014. Use the minus sign to indicate cash outflows, cash payments and decreases in cash.