Cougar Tree Services reports the following amounts on December 31, 2024.

Required:

1. Prepare a balance sheet.
2. Prepare a statement of cash flows.

In the statement of cash flow what is the cash at beginning of the year? AND what is the cash at the end of year?

Balance Sheet Statement of Cash Flows Prepare a statement of cash flows. (Cash outflows and decreases in cash should be indicated by a minus sign.) COUGAR TREE SERVICES Statement of Cash Flows For the year ended December 31, 2024 Cash Flows from Operating Activities From Customers $ For Salaries 92,000 (38,000) (20,000) For Supplies 34,000 Net Cash Flows from Operating Activities Cash Flows from Investing Activities Sale of Investments Purchase Building 34,000 (94,000) (60,000) Net cash flows used in investing activities Cash Flows from Financing Activities Borrow from Bank Pay Dividends 36,000 (14,500) 21,500 (4,500) Net Cash Flows from Financing Activities Net Decrease in Cash Cash at the Beginning of the Year Cash at the End of the Year 0 $ -4,500