Required information Total equity 44,670 Total liabilities and equity Total assets $ 44,590 44,670 $ 3. Prepare statement of cash flows for May. (Cash outflows should be indicated wit THE GRAM CO. Statement of Cash Flows For Month Ended May 31 Cash flows from operating activities Cash received from customers $ 11,100 Cash paid for cleaning Cash paid for telephone Cash paid for utilities (1,500) (2.200) (750) (300) (280) $ 6,070 Cash flows from investing activities