All-Star Automotive Company experienced the following accounting events during Year 3:

1. Performed services for $14,900 cash.
2. Purchased land for $7,900 cash.
3. Hired an accountant to keep the books.
4. Received $39,000 cash from the issue of common stock.
5. Borrowed $9,800 cash from State Bank.
6. Paid $4,900 cash for salary expense.
7. Sold land for $9,800 cash.
8. Paid $3,900 cash on the loan from State Bank.
9. Paid $5,100 cash for utilities expense.
10. Paid a cash dividend of $1,900 to the stockholders.

Required a. Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). b. Prepare a statement of cash flows. Assume All-Star Automotive had a beginning cash balance of $9,900.

5. Automotive Companyenced the following converes du 1. Performed for $14.500 cash 2. Purchased and 7500 Hred on the books 4. Hecewed 100005 on the issue of stock Bom 500 cash tomater 6. Paid Shop 7. Stand for 9.500 BP 53.500 ch on the romane Bar 9.Pad cash foreseen 10. Peach end of $100 to the coco A Star Alone Componentenced to contingering your Besed Indicate wechtheeve bed on the fact Ang Pedodices for $4900 2. Purchased and for 57900 3. ed account the books 4. Received $39000 Cho the common sock 5. Domowed $300 chromate Bank 6. PS4 500 for expense Sodo 59.800 8.Pd 51900 cash on the tomate Bank 9.500 corrente 10. Podacah dividend of $100 to the wholders Centering the taste Required cenowach of the event would be casted on the the conteng Do financing at Presore a state of Aero had a bace of 1 C. indicated on the 2