Milea Incorporated experienced the following events in Year $1,$ its first year of operations:Received $$15,000$ cash from the issue of common stock.Performed services on account for $$45,000.$Paid the utility expense of $$1,100.$Collected $$39,640$ of the accounts receivable.Recorded $$6,050$ of accrued salaries at the end of the year.Paid a $$1,300$ cash dividend to the stockholders.b$-4.$ Prepare the statement of cash flows for the Year $1$ accounting period.

Note: Amounts to be deducted and cash outflows should be indicated with a minus sign.

$\backslash$table$[[$MILEA INCORPORATED,$],[$Statement of Cash Flows,$],[$Cash flow from operating activities,,$],[,,],[,,],[$Net cash flow from operating activities,,$],[$Cash flow from investing activities,,$],[$Cash flow from financing activities,,$],[,,],[,,],[,,],[$Net cash flow from financing activities,,$],[$Net change in cash,,$],[,,],[$Ending cash balance,,$]]$