Cash balance, December 1, 2016 is $18.900 Transactions Dec. 1 Common stock was issued to stockholders for $7.900 cash. Purchased equipment for $1,900 on account. 14 Paid $19.900 cash for land. 17 Paid cash expenses office rent $1.700 employees salaries $1.200 utilities $300. 23 Paid cash dividends of $2.600 26 Earned service revenue for the month $5.100. receiving cash. Cash flows from operating activities Receipts: Collections from customers 5.100 Payments For salaria -1.200 FO -1,700 -300 -3,200 Net cash provided (used) by 1.900 Cash flows from 19900 Net cash provided (used) by -19.900 Cash flows from 7.900 Net cash provided used by Not increase (decrease in cath Cain balance December 2016 Cash balance, December 31, 2016