Given the fast growth of HHEC.com during the year, Sophia and Francesca are concerned about the sources and uses of the companys cash. You explain to them that preparing a Statement of Cash Flows will provide answers to some of their questions. In response, they give you HHEC.coms Year 3 income statement and balance sheet along with some additional information and ask you to prepare HHEC.coms Statement of Cash Flows for Year 3.

Complete this task using the provided Excel spreadsheet, listed as a resource below.

Task 8: Given the fast groth of HHEC.com during the year, Sophia and erned about the sources and uses of the company's cash. You explain to them that t of Cash Flows will provide answers to some of their questions. In response, they s Year 3 income statement and balance sheet along with some additional information HAPPY HOME are HHEC.com's Statement of Cash Flows for Year 3 Environmental Cleaning Year 2 Year 3 Cash Accounts Receivable Inven Equipment Accumulated de Accounts Payable Sales Tax Payable Notes Payable Retained Earnings Common Stock Treasury Stock Net Income Dividends Payable 25,000 29,500 45,000 38,000 ation 54,000 39,000 20,000 58,300 16,400 27,000 79,000 6,000 3,000 17,500 5,000 11,000 2,000 Note: In Year 3, equipment with a book value of $800 was sold for $900