ces Below are several transactions for White cloud Corporation for 2024. a. Issue common stock for cash, $45,000. b. Purchase building and land with cash, $30,000. c. Provide services to customers on account, $6,500. d. Pay utilities on building, $750. e. Collect $4,500 on account from customers. f. Pay employee salaries, $8,500. g. Pay dividends to stockholders, $3,500. Required: 1.&2. For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether White cloud 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 $3,900, 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 White cloud 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, $45,000. Purchase building and land with cash, $30,000 Provide services to customers on account, $6,500. Pay utilities on building, $750. Collect $4,500 on account from customers. Pay employee salaries, $8,500. Pay dividends to stockholders $3,500. Net cash flows for the year Cash Flows Operating, Investing or Financing

Required: 1.82. For each transaction, determine the amount of cash flows. if cash is involved in the transaction, indicate whether Whise cloud should classify it as operating. imvesting, 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 $3,900, calculate the balance of cash on December 31,2024 . Complete this question by entering your answers in the tabs below. For each uansaction, determine the amount of cash flows. It cash is involved in the transaction, indicate ahether White cloud should classby it as operating, investing, or finarcing in a statement of cash flows. Calculate net cash flows for the year (Enter N/A if the evestion is not appicable to the statement. Uist cash outflows as regative ambuntsi) Below are several transactions for White cloud Corporation for 2024. a. Issue common stock for cash, $45,000. b. Purchase buliding and land with cash, $30,000. c. Provide services to customers on account, $6,500. d. Pay utlities on buliding, $750. e. Collect $4,500 on account from customers. t Pay employee salaries, $8,500. g. Pay dividends to stockholders, $3,500. Required: 1.82. For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether White cloud 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 $3,900, calculate the balance of cash on December 31,2024. Complete this question by entering your answers in the tabs below