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On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $44,100. During the Year 1 accounting period,
On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $44,100. During the Year 1 accounting period, the company had (1) net cash inflow from operating activities of $26,600, (2) net cash outflow from investing activities of $34,000, and (3) net cash outflow from financing activities of $15,500. Required a. Prepare a statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities Net cash inflow from operating activities Cash flows from investing activities Net cash outflow from investing activities Cash flows from financing activities Net cash outflow from financing activities Net decrease in cash Plus Beginning cash balance Ending cash balance $
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