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Exercise 1-17A Statement of cash flows LO 1-8 On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of

Exercise 1-17A Statement of cash flows LO 1-8

On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $47,400. During the Year 1 accounting period, the company had (1) net cash inflow from operating activities of $29,600, (2) net cash outflow for investing activities of $37,000, and (3) net cash outflow from financing activities of $18,500. Required a. Prepare a statement of cash flows. (Cash outflows should be indicated with a minus sign.)image text in transcribed

Exercise 1-17A Statement of cash flows LO 1-8 On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $47,400. During the Year 1 accounting period, the company had (1) net cash inflow from operating activities of $29,600, (2) net cash outflow for investing activities of $37,000, and (3) net cash outflow from financing activities of $18,500. Required a. Prepare a statement of cash flows.(Cash outflows should be indicated with a minus sign.) MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Cash flows from investing activities: Cash flows from financing activities: Ending cash balance $

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