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An inexperienced accountant for Yamell Company prepared the following income statement for the mon of August 2013 YARNELL COMPANY August 31, 2013 Revenues: Services provided

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An inexperienced accountant for Yamell Company prepared the following income statement for the mon of August 2013 YARNELL COMPANY August 31, 2013 Revenues: Services provided to customers Investment by shareholders Loan from bank Expenses: Payments to long-term creditors Expenses required to provide services to customers Purchase of land $ 13,000 4,800 15,000 $32,800 $ 14,000 9,500 18,000 41,500 Loss $ 8,700 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 $15,900. (Amounts to be deducted should be indicated with a minus sign. Omit the "S" sign in your response.) YARNELL COMPANY Statement of Cash Flows For the Month Ended August 31, 2013 Cash flows from operating activities: (Click to select) (Click to select) Net cash (Click to select) operating activities Cash flows from investing activities: (Click to select) Cash flows from financing activities: (Click to select) (Click to select) (Click to select) V

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