Preparing a Statement of Cash Flows Dolores Lopez opened a new consulting business. The following transactions occurred during January of the current year. a. Invested cash in the business, $11,000. b. Paid office rent, $500. C. Purchased office equipment. Paid $1,400 cash and agreed to pay the balance of $2,000 in four monthly installments. d. Received cash for services rendered, $1,300.. e. Paid phone bill, $70. f. Made payment on loan in transaction (c), $500. g. Paid wages to part-time employee, $500. h. Received cash for services rendered, $1,200. i. Paid electricity bill, $90. j. Withdrew cash for personal use, $100. k. Paid wages to part-time employee, $500