answers for the red x's

$880,000 40,000 Cash receipts: Cash received from customers Cash received from issuing common stock Cash payments: Cash paid for operating expenses Cash paid for land Cash paid as dividends The cash balance as of June 1, 2017, was $50,000. 758,000 150,000 10,000 Prepare a statement of cash flows for Paradise Travel Service for the year ended May 31, 2018. Use the minus sign to indicate cash outflows, cash payments and decreases in cash Paradise Travel Service Statement of Cash Flows For the Year Ended May 31, 2018 Cash flows from operating activities: Cash received from customers 880,000 Cash payments for operating expenses 758,000 Net cash flows from operating activities $ 122,000 Cash flows used for investing activities: Cash payments for purchase of land 150,000 X Cash flows from financing activities: Cash received from issuing common stock 40,000 Cash dividends 10,000 Net cash flows from financing activities 30,000 Net increase in cash 2.000 50,000 Cash as of June 1, 2017 Cash as of May 31, 2018 52.000