On the basis of the information given in the picture below, prepare a statement of cash flows in a form consistent with generally accepted accounting principles. You may assume all transactions were in cash and that the beginning cash balance was $8,200.

$15,000 5,000 15,000 $35,000 Revenues: Services provided to customers .. Investment by stockholders Loan from bank Expenses: Payments to long-term creditors.... Expenses required to provide services to customers. Purchase of land... Net loss $11,700 7,800 16,000 35,500 $ 500