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June 1 collected 10,000 of accounts recivables from May sales. June 6 paid 5,000 of its accounts payable from May purchases June 6 paid 600

June 1 collected 10,000 of accounts recivables from May sales. June 6 paid 5,000 of its accounts payable from May purchases June 6 paid 600 cash fro supplies -june 8 purchased 1,000 caps @ 6.20 each on account. FOB shipping point. shippingcost was 150 , also on account. -june 30 during june, Tim Tam's sold 1,000 baseball caps @ 10 each on account. Tim's uses a FIFO perpetual inventory system. beginning inventory consists of 300 caps at 6.25 each. -Jne 30 Tim Tam's declared and paid a 4,000 cash dividend to its shareholder. -June 30 adjusted for insurance used during the month. Recall that on May 1, Tim's paid 600 for three months of insurance coverage. -June 30 counted the office supplies and found that 400 of supplies have notbeen used. -June 30 recorded one month's stright -line depreciation on the 18,000 truck that has a 6 year useful life and no salvage value. june 30 recorded interest on the 16000, 4 month 6 % note payable for the month. *here is the beg. balance sheet at 6/1/10: Assests: 4,655 cash 10,000 AR 1,875 inventory 400 prepaid insurance 100 supplies 18,000 truck (750) accum. depr. - liabilties: 5,000 accounts payable 16,000 notes payable 240 interest pyable _ contributed cap> 6,000 common stock _ Retained earnings: 7.040. what is the statment of cash flows for the month ended June 30, 2010?

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