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Please review the Income statement and fix my Cash Flow Statement I have started in the second image. Thank you. An inexperienced accountant for Prestwick

Please review the Income statement and fix my Cash Flow Statement I have started in the second image. Thank you.

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An inexperienced accountant for Prestwick Company prepared the following income statement for the month of August, current year PRESTWICK COMPANY AUGUST 31, CURRENT YEAR Revenues: Services provided to customers Investment by stockholders Loan from bank $17,eee 5,e00 15,eee $ 37,000 Expenses: Payments to long-term creditors Expenses required to provide services to customers Purchase of land 11,7e0 7,800 16,000 35,500 $1,50e Net income Based on the information 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 $7,200. (List any deduction in cash and cash outflows as negative amounts.)

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