Electra Corp. is a specialized store dedicates to electrical supplies. Classify each cash transaction between Operating (O), Investing (I), or Financing (F) activities; and prepare the Statement of Cash Flow for Electra Corp. using the following data: Cash at the beginning of the year: $650,000 Cash Receipts from: Bank Interest $5,000 Customers Sales $975,000 Interest $10,000 Sale of Land $33,500 Cash payments for: Dividends $6,000 Inventory $22,000 Salaries Expense $14,000 _Building $70,000 Interest $3,000

Electra Corp, is a specialized store dedicates to electrical supplies. Classify each cash transaction between Operating (O), Investing (I), or Financing (F) activities; and prepare the Statement of Cash Flow for Electra Corp. using the following data