Module 5 Homework Continued el all work to receive any credit for the homework Use complete sentences. Show and lab 10. Business Activities and the Statement of Cash Flows: Assume our class goes into business to print Power Cat T-Shirts. Assume each transaction involves cash. a. Each class member contributes $20 to business - b. Buy a silk screen press - c. Buy blank T-shirts- d. Buy purple ink/dye - e. Pay utility bill - f. Pay worker - g. Sell 10 printed shirts at $10 each - h. Reinvest $20 of profit in a design computer program i. Pay out $30 of profit to owners activity j. Borrow $1000 for a new more efficient press - 2 separate events: activity. activity. activity. activity activity activity. activity. activity. activity activity