Question 2 options:

Rose Cleaning Services had prepared the following notes for its first year of operations.

Issues and sold ownerships stocks to shareholders	$40,000
Borrowed from bank	30,000
Purchased equipment in cash	35,000
Provided services to customers in cash	120,000
Provided services to customers on account	12,000
Invested in marketable securities	25,000
Paid operating expenses	80,000
Depreciation expense	12,000
Collected interest and dividends on its investment account	6,000
Collected in advance from customers for future services	3,800
Paid dividends to company shareholders	8,000
Paid interest to bank	4,200

A. Net cash flows from operating activities = B. Net cash flows from investing activities = C. Net cash flows from financing activities = D. Cash balance at the end of the first year = E. Total revenues for the first year of operations = F. Total expenses for the first year of operations = G. Net income or loss for the first year of operations =