Does this type of cash flow make sense given that this is the first month of operations? Why or Why Not?

For the month ended January 31
	2018
Operating Activities
Net Income	121,408
Depreciation expense	308
Changes in working capital items:
Accounts receivable	-208,500
Prepaid rent	-13,750
Inventory	-83,000
Accounts payable	59,800
Wages payable	9,200
Income taxes payable	34,000
Unearned revenue	12,833
Net cash used for operating activities	-67,700
Cash Flows from Investing Activities
Deduct: Acquisition of van	-41,000
Net cash provided by investing activities	-41,000
Cash Flows from Financing Activities
Issuance (repurchase) of common shares	478,000
Less: Dividends Paid	-5,700
Net cash used for financing activities	472,300
Overall increase (decrease) in cash	363,600
Cash position at beginning of year	0
Cash position at end of year	363,600