E7-6B. Effective Cash Management Presented below is the statement of cash flows for Smith & Sons for the month ended December 31. Identify (a) the major sources of cash, (b) the major uses of cash, and (c) the change in the cash balance during the month.

SMITH & SONS Statement of Cash Flows For the Month Ended December 31 Cash flows from operating activities Cash payments for operating activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...(11.131) 2,144 Cash flows from investing activities (140) Cash used by investing activities . . .. . . . . . . . . . . . . . . . . . . . . . . . . _ _ . . . . . _ . . . . . . . . . Cash flows for financing activities . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..(30,140) (7,300) 95,000