eBook Exercise 1-9 Statement of Cash Flows rlington Service Company began the year 2014 with cash of $55,900. In addition to earning a net income of $32,500 distributing a cash dividend of $19,500, Arlington Service borrowed 78,000 from the bank and purchased equipment with $117,000 of cash. Also, Accounts Receivable increased by $7,800, and Accounts Payable increased by $11,700