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As of January 1, 2018, Room Designs, Inc. had a balance of $4,000 in Cash, $2,250 In Common Stock, and $150 in Retained Earings. These

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As of January 1, 2018, Room Designs, Inc. had a balance of $4,000 in Cash, $2,250 In Common Stock, and $150 in Retained Earings. These were the only accounts with balances in the ledger on January 1, 2018. Further analysis of the company's cash account indicated that during the 2018 accounting period, the company had () net cash Inflow from operating activities of $4,850,) net cash outflow for Investing activities of $14,500, and net cash Inflow from financing activities of $6,350. Al revenue and expense events were cash events. The following accounts and balances represent the general ledger of Room Designs, Inc. as of December 31, 2018, before closing. Annet Cash 700 ROOM DESIGNS, INC. General Ledger Liabilities Stockholdere Equity Notes Payable Common Stock Revenue 2,500 al. 6,250 Bal. 9,400 Retained Earnings Expenses Bal. 4,556 Dividende 650 Land 14,500 Required a. Assume that the net cash Inflow from financing activities of $6,350 was caused by three events. Based on the information above, Identify these events and determine the cash flow associated with each event b. What did the company purchase that resulted in the cash outflow from investing activities? 0-1. Prepare an income statement for the year ended December 31, 2018 -2. Prepare a statement of changes in stockholders' equity for the year ended December 31, 2018, c-3. Prepare a balance sheet as of December 31, 2018 -4. Prepare a statement of cash flows for the year ended December 31, 2018. Complete this question by entering your answers in the tabs below. Req A Reg B Req ci Reg C2 Req C3 Reg CA Assume that the net cash inflow from financing activities of $6,350 was caused by three events. Based on the information above, identify these events and determine the cash flow associated with each event. (Amounts to be deducted should be indicated with a minus sign.) ROOM DESIGNS, INC Cash flows from financing activities Cash payments for dividends Net cash flow from financing activities s Reg>

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