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i just need beginigng cash amount adn endning 2. Prepare a statement of cash flows. (Cash outflows and decreases in cash should be indicated by

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2. Prepare a statement of cash flows. (Cash outflows and decreases in cash should be indicated by a minus sign.) SQUIRREL TREE SERVICES Statement of Cash Flows Cash Flows from Operating Activities From customers $ For salaries 70,000 (27,000) (9,000) For supplies 34,000 Net cash flows from operating activities Cash Flows from Investing Activities Sale of investments Purchase building 17,500 (72,000) (54,500) Net cash flows from investing activities Cash Flows from Financing Activities Borrow from bank Pay dividends 25,000 (9,000) 16,000 (4,500) Net cash flows from financing activities Net increase in cash Cash at the beginning of the year Cash at the end of the year Squirrel Tree Services reports the following amounts on December 31. Assets Cash Supplies Prepaid insurance Liabilities and Stockholders' Equity $ 8,200 Accounts payable $ 11,200 2,300 Salaries payable 4,000 25,000 4,000 Notes payable 40,000 77,000 Common stock Retained earnings 11,300 Building In addition, the company reported the following cash flows. Cash Inflows Customers Borrow from the bank (note) Sale of investments Cash Outflows $70,000 Employee salaries 25,000 Supplies 17,500 Dividends Purchase building $ 27,000 9,000 9,000 72,000 Required: 1. Prepare a balance sheet. SQUIRREL TREE SERVICES Balance Sheet Assets Liabilities $ $ 11,200 Cash Supplies Prepaid insurance Building 8,200 Accounts payable 2,300 Salaries payable 4,000 Notes payable 77,000 4,000 25,000 Total liabilities 40,200 Stockholders' Equity 40,000 Common stock Retained earnings 11,300 51,300 Total stockholders' equity Total liabilities and stockholders' equity Total assets $ 91,500 $ 91,500

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