! Required information [The following information applies to the questions displayed below.] Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu Sony transferred $65,800 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock. December 2 The company paid $1,500 cash for the December rent. December 3 The company purchased $14,900 of electrical equipment by paying $6,700 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by paying $800 cash. December 6 The company completed electrical work and immediately collected $2,000 cash for these services. December 8 The company purchased $2,900 of office equipment on credit. December 15 The company completed electrical work on credit in the amount of $6,700. December 18 The company purchased $410 of supplies on credit. December 20 The company paid $2,900 cash for the office equipment purchased on December 8. December 24 The company billed a client $800 for electrical work completed; the balance is due in 30 days. December 28 The company received $6,700 cash for the work completed on December 15. December 29 The company paid the assistant's salary of $1,700 cash for this month. December 30 The company paid $560 cash for this month's utility bill. December 31 The company paid $930 cash in dividends to the owner (sole shareholder). Required 2A Required 2B Required 2C Required 3 Prepare the statement of cash flows for the current month. Note: Cash outflows should be indicated with a minus sign. SONY ELECTRIC Statement of Cash Flows For Month Ended December 31 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash balance, December 1 Cash balance, December 31 FA $ 0 0 0 69 $ 0 6 0 0