Book Hint Print erences Exercise 4-15 (Algo) Calculate net cash flows (LO4-7) Below are several transactions for Bluebeard Corporation for 2024. a. Issue common stock for cash, $46,000. b. Purchase building and land with cash, $31,000. c. Provide services to customers on account, $6,600. d. Pay utilities on building, $800. e. Collect $4,600 on account from customers. f. Pay employee salaries, $8,600. g. Pay dividends to stockholders, $3,600. Required: 1.&2. For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether Bluebeard should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. 3. Assuming the balance of cash on January 1, 2024, equals $4,000, calculate the balance of cash on December 31, 2024. aces Required: 1.&2. For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether Bluebeard should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. 3. Assuming the balance of cash on January 1, 2024, equals $4,000, calculate the balance of cash on December 31, 2024. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether Bluebeard should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. (Enter N/A If the question is not applicable to the statement. List cash outflows as negative amounts.) Transaction Issue common stock for cash, $46,000. Purchase building and land with cash, $31,000. Provide services to customers on account, $6,600. Pay utilities on building, $800. Collect $4,600 on account from customers. Pay employee salaries, $8,600. Pay dividends to stockholders $3,600. Net cash flows for the year Cash Flows Operating, Investing or Financing Reg 1 and 2 Req 3 > Below are several transactions for Bluebeard Corporation for 2024. a. Issue common stock for cash, $46,000. b. Purchase building and land with cash, $31,000. c. Provide services to customers on account, $6,600. d. Pay utilities on building, $800. e. Collect $4,600 on account from customers. f. Pay employee salaries, $8,600. g. Pay dividends to stockholders, $3,600. Required: 1.&2. For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether Bluebeard should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. 3. Assuming the balance of cash on January 1, 2024, equals $4,000, calculate the balance of cash on December 31, 2024. Complete this question by entering your answers in the tabs below. ences Req 1 and 2 Req 3 Assuming the balance of cash on January 1, 2024, equals $4,000, calculate the balance of cash on December 31, 2024. Cash balance