Cash payments $12,120 Cash paid for operating expenses Cash paid for equipment Cash paid for party supplies 18,070 Drawing Cash balance as of January 1 9,480 12,000 $15,580 Prepare a statement of cash flows for Evelyn's Event Planning for the year ende Evelyn's Event Planning Statement of Cash Flows For the Year Ended December 31 Cash flows from operating activities: Cash paid for equipment 18.070 Cash payments for expenses and supplies 27.850 Net cash flow from operating activities 12.126 Cash flows from investing activities Cash received from bank loan 15,000 Cash flows from financing activities: Cash received from customers 57.860 Cash withdrawals by owner 72.160 Net cash flow from financing activities Net decrease in cash during year Cash as of January 1 Cash as of December 31 -56,780 15.50 155 NOV 19 2 9