Name: A303 Homework Chapter4 Class Time: 61 Page Cash Received from: Customers Interest on note receivable Principal on note receivable Sale of investments Proceeds from note payable $380,000 6,000 50,000 30,000 100,000 Cash Paid for: Purchase of inventory Interest on note payable Purchase of equipment Salaries to employees Principal on note payable Payment of dividends to shareholders 160,000 5,000 85,000 90,000 25,000 20,000 The balance of cash and cash equivalents at the beginning of 20X3 was $17,000. Required Prepare a statement of cash flows for 20X3 for Blueboenet Bakers. Use the direct method for reporting operating activities Spiceland 8th edition Spring 2018 Page 6