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A summary of cash flows for Linda's Design Services for the year ended December 31 is as follows:

Cash receipts:
	Cash received from customers	$83,820
	Cash received from additional investment by owner	17,780

Cash payments:
	Cash paid for expenses and supplies	$25,650
	Cash paid for land	67,240
	Cash paid to owner for personal use	6,290
Cash balance as of January 1		$11,320

Prepare a statement of cash flows for Linda's Design Services for the year ended December 31. Use the minus sign to indicate cash out flows, cash payments, and decreases in cash.