PE 1-7A Up-in-the-Air Travel Service Statement of Cash Flows For the Year Ended April 30, 2047 Cash flows from (used for) operating activities: Net Cash flows from operating activities Cash flows from (used for) investing activities: Net Cash flows from investing activities Cash flows from (used for) financing activities: Net Cash flows from financing activities Net increase / decrease in cash Cash balance, May 1, 2046 Cash balance, April 30, 2047 Ex. 1-5 Ex. 1-6 apter 1 Introduction to Accounting and Business EE 1-7 A 2 PE 1-7A Statement of cash flows OBJ. 5 A summary of cash flows for Up-in-the-Air Travel Service for the year ended April 30, 2097, follows: Cash receipts: Cash received from customers $1,803,000 Cash received from additional investment of owner 52.000 Cash payments: Cash paid for operating expenses 1.479.000 Cash paid for land 347,000 Cash paid to owner for personal use 34,000 The cash balance as of May 1, 20Yf was $175.000 Prepare a statement of cash flows for Up-in-the-Air Travel Service for the year ended April 30, 20Y7 EX 1-5 Accounting equation OBJ.3 The total assets and total liabilities (in millions) of Dollar Tree Inc. and Target Corporation follow: Dollar Tree Target Assets $13,501 $41,290 Liabilities 7,858 29,993 Determine the stockholders' equity of each company. OBJ.3 EX 1-6 Accounting equation Determine the missing amount for each of the following: Assets Liabilities = Owner's Equity a. X $633,000 $3,841,000 b. $6,124,500 X $5,737.000 $1.981,800 $748.900