Cash flows from (used for) operating activities: Net loss 31,140 V Adjustments to reconcile net loss to net cash flows from (used for) operating activities: Depreciation 44,000 X Increase in prepaid expenses x Changes in current operating assets and abilities: Increase in accounts receivable Increase in inventories Decrease in prepaid expenses Decrease in accounts payable Net cash flows used for operating activities Cash flows from (used for) investing activities: Cash received from sale of land Cash paid for acquisition of building Cash paid for purchase of equipment Net cash flows used for investing activities Cash flows from (used for) financing activities: Cash received from issuing bonds payable -69,390 -95,410 5,200 -47,460 x