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Problem 4-4B Prepare the statement of cash flows (L04-7) Below is a summary of all transactions of Dreamworks Bedding Supplies for the month of August

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Problem 4-4B Prepare the statement of cash flows (L04-7) Below is a summary of all transactions of Dreamworks Bedding Supplies for the month of August 2021. $ 80,400 15,700 30,000 300 Cash Transactions Cash collections from: Customers Sale of unused land Issuance of common stock Interest earned on savings account Cash payments for: Employee salaries Delivery truck Advertising expense Office supplies Repayment of borrowing Bedding material Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later (47,100) (34,500) (5,900) (3,800) (9,000) (13,000) 12,300 8,400 92,000 Prepare a statement of cash flows for the month of August, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of August is $8,300. (List cash outflows and decrease in cash as negative amounts.) DREAMWORKS BEDDING SUPPLIES Statement of Cash Flows For the month ended August 31, 2021 Cash Flows from Operating Activities Cash inflows: Cash outflows: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the month Cash at the end of the month

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