Rocky owns and operates Balboa's Gym located in Philadelphia. The following transactions occur for the month of October: Receive membership dues for the month of October 1. October 2 totaling $8,500. 2. October 5 Issue common stock in exchange for cash, $12,000. 3. October 9 Purchase additional boxing equipment for $9,600, paying one-half of the amount in cash and issuing a note payable to the seller for the other onehalf due by the end of the year. Pay $1,500 for advertising regarding a special membership rate available during the month of 4. October 12 October. 5. October 19 Pay dividends to stockholders, \$4,400. Pay liability insurance to cover accidents to members for the next six months, starting 6. October 22 November 1, $6,900. Receive cash in advance for November memberships, 7. October 25$5,600. Receive, but do not pay, utilities bill for the 8. October 30 month, $5,200. 9. October 31 Pay employees' salaries for the month, $7,300. 4. Prepare a statement of cash flows for the month of October, properly classifying each of the cash transactions into operating, investing, and financing activities. Assume that the balance of cash at the beginning of October is $16,600