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Yard Professionals Inc, experienced the following events in Year 1, its first year of operation: 1. Performed services for $25,000 cash. 2. Purchased $7,000 of supplies on account. 3. A physical count on December 31, Year 1 found that there was $1.500 of supplies on hand. 14 MAAR 14 *You Req A Reg C and D Stmt Sheet Stmt Prepare the statement of cash flows for the Year 1 accounting period. YARD PROFESSIONALS INC. Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities Cash receipt from revenue $ 25,000 $ $ 25,000 tes Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net change in cash 25,000 Ending cash balance $ 25,000