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All-Star Automotive Company experienced the following accounting events during Year 2: 1. Performed services for $14,800 cash. 2. Purchased land for $7,800 cash. 3. Hired an accountant to keep the books. 4. Received $38,000 cash from the issue of common stock. 5. Borrowed $9,600 cash from State Bank. 6. Paid $4,800 cash for salary expense. 7. Sold land for $9,600 cash. 8. Paid $3,800 cash on the loan from State Bank 9. Paid $5,000 cash for utilities expense. 10. Paid a cash dividend of $1,800 to the stockholders. Answer is not complete. ALL-STAR AUTOMOTIVE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities 0 Net cash flow from operating activities Cash flows from investing activities: O Net cash flow from investing activities Cash flows from financing activities: Net cash flow from financing activities 0 Ending cash balance $