An inexperienced accountant for Prestwick Company prepared the following income statement for the month of August, current year. PRESTWICK COMPANY AUGUST 31, CURRENT YEAR Revenues: Services provided to customers $14,000 Investment by shareholders Loan from bank Expenses: 4,800 13,000 $31,800 Payments to long-term creditors $12,000 Expenses required to provide services to customers 9,300 Purchase of land 17,000 38,300 Net loss $ 6,500 Based on the information prepare a statement of cash flows in a form consistent with generally accepted accounting principles. You may assume all transactions were in cash and that the beginning cash balance was $13,100. (List any deduction in cash and cash outflows as negative amounts.) PRESTWICK COMPANY Statement of Cash Flows For the Month Ended August 31, Current Year Cash flows from operating activities: Cash flows from investing activities: Cash flows from financing activities: Cash balance, August 1, Current Year Cash balance, August 31, Current Year 0 0 $ 0