Cash balance, December 1, 2016 is $18,100 Transactions Dec 1 The owner contributed an additional $7,800 cash to the business in exchange for capital 7 Purchased equipment for $1,800 on account 14 Paid $19,900 for land 17 Paid cash expense office rent, $1,700; employees' salaries, $1,300; utilities, $400. 23 26 The owner withdrew $2,600. Earned service revenue for the month, $5,100, receiving cash. Cash flows from operating activities Receipts Collections from customers Payments: For rent For salaries For utilities Net cash provided by operating activities Cash flow from investing activiti Acquisition of Land Net cash provided by investing activities Cash flows from financing activities Owner withdrawal SMART TOUCH LEARNING Statement of Cash Flows Month Ended December 31, 2016 Owner contribution V 7800 Net cash provided (d) by financing activities Net increase (decreas Cash balance, December 1, 2016 Cash balance, December 31, 2016 5100