Gertie's Greenhouse, Inc., a small retail store which sells house plants, started business on January 1, 2009. At the end of January, 2009, the following information was available: sales of plants cash 75000 sales of plants credit(not yet collected)15000 cost of plants which were sold and paid for in january 2009 45000 expenses

salaries 5000

telephone 250

office supplies 300

electricity 150

Rent of store for January 2009 (will not be paid until Feb 2009) 1000 A. Using the above information, prepare the income statement for Gertie's Greenhouse for the month ended January 31, 2009. B. What is the amount of cash flows provided by operating activities to be presented on the statement of cash flows?