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On January 1, Year 2, Moore, a fast-food company, had a balance in its Cash account of $52,900. During the Year 2 accounting period, the

On January 1, Year 2, Moore, a fast-food company, had a balance in its Cash account of $52,900. During the Year 2 accounting period, the company had (1) net cash inflow from operating activities of $34,600, (2) net cash outflow for investing activities of $42,000, and (3) net cash outflow from financing activities of $23,500.image text in transcribed

On January 1, Year 2, Moore, a fast-food company, had a balance in its Cash account of $52,900. During the Year 2 accounting period, the company had (1) net cash inflow from operating activities of $34,600, (2) net cash outflow for investing activities of $42,000, and (3) net cash outflow from financing activities of $23,500. Required a. Prepare a statement of cash flows. (Cash Outflows should be indicated with a minus sign.) MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities: Cash flows from investing activities Cash flows from financing activities Ending cash balance

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