Exercise 2-25A Classifying events on the statement of cash flows LO 2-7, 2-8 54 The following transactions pertain to the operations of Ewing Company for Year 1: 01:18:32 1. Acquired $22,300 cash from the issue of common stock. 2. Provided $16,350 of services on account 3. Paid $16,600 cash on accounts payable. 4. Performed services for $39,500 cash. 5. Collected $5,150 cash from accounts receivable. 6. Incurred $8,900 of operating expenses on account. 7. Paid a $29,500 cash for one year's rent in advance. 8. Paid a $8,300 cash dividend to the stockholders. 9. Paid $1,800 cash for supplies to be used in the future. 10. Recognized $32,800 of accrued salary expense. b. Prepare a statement of cash flows. (There is no beginning cash balance.) (Amounts to be deducted should be indicated with a minus sign.) EWING COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities Net change in cash Ending cash balance