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Saved The following transactions pertain to the operations of Ewing Company for Year 1: 1. Acquired $22,800 cash from the issue of common stock. 2.

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Saved The following transactions pertain to the operations of Ewing Company for Year 1: 1. Acquired $22,800 cash from the issue of common stock. 2. Provided $15,800 of services on account. 3. Paid $15,800 cash on accounts payable. 4. Performed services for $44,000 cash. 5. Collected $5,700 cash from accounts receivable. 6. Incurred $8,350 of operating expenses on account 7. Paid a $28,200 cash for one year's rent in advance. 8. Paid a $7.900 cash dividend to the stockholders. 9. Paid $2,500 cash for supplies to be used in the future. 10. Recognized $34,400 of accrued salaries expense. Required a. Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). b. Prepare a statement of cash flows. (There is no beginning cash balance.) Complete this question by entering your answers in the tabs below. Required A Required B Prepare a statement of cash flows. (There is no beginning cash balance.) (Enter cash outflows with a minus sign.) Requirea A Requirea Prepare a statement of cash flows. (There is no beginning cash balance.) (Enter EWING COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities Cash from the collection of accounts receivable Cash from service revenue Cash payment for supplies Cash from the collection of accounts receivable Cash payment for rent $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Cash receipt from stock issue Cash payment for dividends Cash payment on accounts payable Net cash flow from financing activities Net change in cash 0 0 Ending cash balance $ 0

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