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Based upon the flow information provided below for the year ending December 31, 2014, prepare a cash flow statement for Muscat City, an internal service

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Based upon the flow information provided below for the year ending December 31, 2014, prepare a cash flow statement for Muscat City, an internal service fund. 40,000 Cash received from customers $830,000 Cash received from General Fund (noncapital loan) 20,000 Interest revenue received 1,000 Cash received from short-term note payable (not used for capital assets) Payments to employees 450,000 Payments to suppliers 250,000 Cash paid to the General Fund - noncapital loan 65,000 Payments for capital improvements 60,000 Interest paid on short-term note payable above 2,000 Principal paid on capital debt 50,000 Interest paid on capital debt 5,000 Unrestricted Cash (and cash equivalents), January 1, 2014 13,000

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