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keeps saying its not complete. ehat am I missing? The following Cash T-account shows the total debits and total credits to the Cash account of

keeps saying its not complete. ehat am I missing? image text in transcribed
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The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. $ Balance, Dec. 31. prior year Receipts from customers Receipts from dividends Receipts from land sale Receipts from machinery sale Receipts from issuing stock Receipts from borrowing Cash 3.000 5,000,000 Payments for inventory 208,400 Payments for wages 220,000 Payments for rent 710,000 Payments for interest 1,540,000 Payments for taxes 3,600,000 Payments for machinery Payments for stock investments Payments for note payable Payments for dividends Payments for treasury stock $ 2,590,000 550,000 320,000 218,000 450,000 2,236,000 1,260,000 386,000 500,000 218,000 Balance, Dec. 31, current year X Answer is not complete. THOMAS CORPORATION Statement of Cash Flows For Year Ended December 31 Cash flows from operating activities Cash received from customers $ 5,000,000 Cash received from dividends 208,400 Cash paid for inventory (2,590,000) Cash paid for wages (550,000) Cash paid for rent (320,000) Cash paid for interest (218,000) Cash paid for taxes (450,000) OOOO $ 1,080,400 Cash flows from investing activities Cash received from sale of land Cash received from sale of machinery Cash paid for purchases of machinery Cash paid for purchases of stock investments 220,000 710,000 (2,236,000) (1,260,000) (2,566,000) Cash flows from financing activities Cash received from issuing stock Cash received from borrowing Cash paid for note payable Cash paid for dividends Cash paid for treasury stock purchases 1,540,000 3,600,000 (386,000) (500,000) (218,000) 4,036,000 2,550,400 Net increase (decrease) in cash Beginning balance of cash Ending balance of cash $ 2,550,400

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