(Preparation of a Statement of Cash Flows) The comparativebalance sheets of Constantine Cavamanlis Inc. at the beginning andthe end of the year 2007 appear on the next page. Net income of \( \$ 44,000 \) was reported, and dividends of \( \$ 23,000 \) were paid in 2007 . New equipment was purchased and none was sold. Instructions Prepare a statement of cash flows for the y 2 answers