Below are several transactions for Meyers Corporation for 2021.

1. Issue common stock for cash, $60,000.
2. Purchase building and land with cash, $45,000.
3. Provide services to customers on account, $8,000.
4. Pay utilities on building, $1,500.
5. Collect $6,000 on account from customers.
6. Pay employee salaries, $10,000.
7. Pay dividends to stockholders, $5,000.

Below are several transactions for Meyers Corporation for 2021 assue common stock for cash, $80,000 b. Purchase butling and land with cash $45.000 c. Provide services to customers on account. $8,000. el. Pay writies on building. $1.500 . Collect $6.000 on account from customers Pay employee salaries, $10,000 Pay dividends to stockholders, 55.000 Required: 1. Foresch transaction determine the amount of cash flowe. If cash is involved in the transaction, select whether Meyers should classify it as operating, Investing, or financing in a statement of cash flows. (Enter N/A If the question is not applicable to the statement List cash outflows is negative amounts) Cathowe Operating investing or Financing Transaction non common stock for cash Purchase building and land with cash Provide services to customers on account Payson bulding Collect cash from Gerson Payomponen Pay dividends to sto 2. Calculate net cash flows for the year. (List cosh outflows os negative amounts.) Notch tow for the 3. Assuming the balance of cash on January 1, 2021, equals $5,400, calculate the balance of cash on December 31, 2021 Cashbac