Hunter Company is developing its annual financial statements at December 31 . The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: Additional Data: a. Bought equipment for cash, $8,800. b. Paid $10,000 on the long-term notes payable. c. Issued new shares of stock for $21,000 cash. d. Declared and paid a $3,600 cash dividend. e. Other expenses included depreciation, $7,200; salaries and wages, \$11,200; taxes, \$4,200; utilities, \$9,200. f. Accounts Payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash