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Below is a summary of all transactions of KEV Consulting for the month of October. Cash transactions Cash collections from: Sale of unused office furniture

Below is a summary of all transactions of KEV Consulting for the month of October.

Cash transactions

Cash collections from:

Sale of unused office furniture

$30,000

Borrowing from bank

150,000

Customers

700,000

Cash payments for:

Employee salaries

(342,000)

Dividends to stockholders

(35,000)

Advertising expense

(29,650)

Utilities expense

(14,525)

Office building

(430,000)

Office supplies

(650)

Noncash Transactions

Issue note payable for equipment

$100,000

Services to customers on account

125,000

Purchase supplies on account

300

Prepare a statement of cash flows for the month of October, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of October is $21,750.

What is the amount of cash inflows from operating activities?

What is the amount of cash outflows from operating activities?

What is the Net Cash Flows from Operating Activities (if cash used, use -)?

What is the Net Cash Flows from Investing Activities (if cash used, use -)?

What is the Net Cash Flows from Financing Activities (if cash used, use -)?

How much did cash change (if decrease, use -)

What is the ending cash balance for the company?

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