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$14,000Investment by stockholders3,900Loan from bank13,000$30,900Expenses:Payments to long-term creditors$14,000Expenses required to provide services to customers8,500Purchase of land17,00039,500Net loss$8,600

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 $12,800. (List any deduction in cash and cash outflows as negative amounts.)