Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts. Then enter the account balances and calculate ending balances. Enter decreases in cash with a minus sign or parentheses.

Cash balance, December 1, 2016 is $18,300 Transactions Dec. 1 Common stock was issued to stockholders for $8,100 cash. 7 Purchased equipment for $1,900 on account. 4 Paid $19,900 cash for land. 17 Paid cash expenses: office rent, $1,500; employees' salaries, $1,400; utilities, $80 23 Paid cash dividends of $2,400. 26 Earned service revenue for the month, $4,800, receiving cash