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Required information [The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1: d. Prepare the
Required information [The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1: d. Prepare the income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Year 1. Note: Statement of Cash Flows only, enter any decreases to account balances and cash outflows with a minus sign. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ SMITH TRAINING COMPANY } \\ \hline \multicolumn{2}{|c|}{ Statement of Cash Flows } & \\ \hline Cash flows from operating activities: & & \\ \hline & & \\ \hline & & $ \\ \hline Net cash flows from operating activities & & \\ \hline Cash flows from investing activities & & \\ \hline Cash flows from financing activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from financing activities & & \\ \hline & & \\ \hline & & \\ \hline Ending cash balance & & \\ \hline \end{tabular}
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