I need help with the Net Increase in Cash

Chapter 1_Discussion Board Canvas-2 - Word PAGE LAYOUT REFERENCES MAILINGS REVIEW TABLE TOOLS SERT DESIGN VIEW ADD-INS DESIGN LAYOUT Helvetica -14 Aa- E 21 IU - abe x x AaB AaBb AaBBC AaBbCel AaBbceda T Heading 1 T Heading 2 1 Heading 3 1 Heading 4 1 Heading A-by-A- TE Font Styles Paragraph For the Month Ended April 30 Cash flows from operating activities: Cash received from $ 23,000 customers Cash payments for expenses and payments to (4,200) creditors Net cash flow from $18,800 operating activities Cash flows from investing activities: Cash payments for (17,000) acquisition of land Cash flows from financing activities: Cash received as $ 35000) owner's investment Cash withdrawal by owner (6000) Net cash flow from 29000 financing activities Net increase in cash and April 30 cash balance $ (n) RDS LE to search WE 0 F10 $ & % 5 3 4 7 8 0 i me TABLE TOOLS Chapter_1_Discussion_Board_Canvas-2 - Word AYOUT REFERENCES MAILINGS REVIEW VIEW ADD-INS DESIGN LAYOUT - A Aa- EEE 21 AaB AaBb AaBbC AaBbCel AaBhCcDd AaBbc- 33 - 3 - 1 Heading 1 T Heading 2 1 Heading 3 T Heading 4 T Heading 5 T Headir A-ay-A- Paragraph Styles Chapter 1 - Discussion Board questions 1. Harris Designers began operations on April 1. The financial statements for Harris Designers are shown below for the month ended April 30, (the first month of operations). Determine the missing amounts for letters (a) through (o). $27,000 Harris Designers Income Statement For the Month Ended April 30 Fees earned Expenses: Wages expense $5,250 Rent expense (0) Supplies expense 4,600 Utilities expense 400 Miscellaneous expense 1,250 Total expenses ($11,500) Net income $ (15,500)