Dakota Company experienced the following events during 2018: 1. Acquired $25,000 cash from the issue of common stock. 2. Paid $20,000 cash to purchase land. 3. Borrowed $20,000 cash. 4. Provided services for $60,000 cash. 5. Paid $2,000 cash for utilities expense. 6. Paid $40,000 cash for other operating expenses. 7. Paid a $5,000 cash dividend to the stockholders. 8. Determined that the market value of the land purchased in Event 2 is now $25,000. Remuired innts in b-4. b-3. Prepare a your w... b-4. Prepare a statement of cash flows for the 2018 accounting period. cevided by retained earnings. Can vou determine the machin. r DAKOTA COMPANY Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Cash payments for other operating expense Cash paid to purchase land Net cash flow from operating activities Cash flows from investing activities: Net cash flow from investing activities Cash flows from financing activities: Cash payments for other operating expense Net cash flow from financing activities Net increase in cash Plus: Beginning cash balance Ending cash balance 38,000 5,000 43,000 | $