Mark's transactions involve the receipt or payment of cash. g experienced the following transactions for 2018, its first year of operations, and 2019. Assume that al Transections for 2018 b-4. Prepare a statement of cash flows for each year accounting period 1. Acquired $20,000 by issuing common stock 2. Received $35,000 cash for providing services to customers. 3. Borrowed $25,000 cash from creditors. 4. Paid expenses amounting to $22.000. 5. Purchased land for $30,000 cash Complete this question by entering your answers in the tabs below Stmt CF 2018 Stmt CF 2019 Transections for 2019 Prepare a statement of cash flows for the year 2018. (Amounts to be deducted should be indica Beginning account balances for 2019 are: MARK'S CONSULTING Statement of Cash Flows For the Year Ended December 31, 2018 Land Notes payable Connon stock Retained earnings $28,800 30,800 25,800 28,008 13,800 Cash flows from operating activities 1. Acquired an additional S24,000 from the issue of common stock. 2. Received $95.000 for providing services. 3. Paid $15,000 to creditors to reduce loan. 4. Paid expenses amounting to $71,500. 5. Paid a $3,000 dividend to the stockholders. 6. Determined that the market value of the land is $47000. Net cash flow from operating activibies Cash flowws from investing activities Net cash flow from investing activities Cash flowws from financing activities c. Determine the amount of cash that is in the retained earnings account at the end of 2018 and 2019. Net cash low from financing activities e. Determine the balance in the Retained Earnings account immediately after Event 2 in 2018 and in 2019 are recorded. Ending cash balance c. Retained earnings e. Retained earnings