Morning Bean Food Equipment Company had the following transactions for the month ending February 29, 2016. Morning Bean's cash balance on February 1, 2016 was $13,750. (Click the icon to view the transactions.) Prepare the statement of cash flows of Morning Bean Food Equipment Company for the month ended February 29, 2016. .... Complete the statement one section at a time, beginning with the heading and cash flows from operating activities. (If a box is not used in the table leave the box empty; do not select a label or enter a zero. Use a minus sign or parentheses for a decrease in cash.) Morning Bean Food Equipment Company Statement of Cash Flows Month Ended February 29, 2016 More info Feb. Cash flows from operating activities: Receipts Collections from customers $ 7,000 1 The owner contributed an additional $15,000 cash to the business in exchange for capital. 7 Purchased equipment for $2,300 on account. 14 Paid $15,000 cash for land. 17 Paid cash expenses: employees' salaries, $900; office rent, $1,700; utilities, $550 23 The owner withdrew $3,500 26 Earned service revenue for the month, $7,000, receiving cash. Payments: For salaries For rent For utilities $ (900) (1,700) (550) (3,150) $ 3,850 Net cash provided (used) by operating activities Cash flows from investing activities: Print Done Net cash provided (used) by investing activities