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Statement of Cash Flows After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc.

Statement of Cash Flows

After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 20Y9.

Cash $ 86,000 Notes payable $100,000
Common stock 150,000 Rent expense 16,000
Dividends 4,000 Retained earnings 0
Interest expense 600 Salaries expense 100,000
Land 200,000 Sales commissions 180,000
Miscellaneous expense 3,400 Utilities expense 20,000

Prepare a statement of cash flows for the month ended June 30, 20Y9. Use the minus sign to indicate cash outflows, decreases in cash, or cash payments. If your answer is zero enter "0".

West Coast Dreams Realty Inc.
Statement of Cash Flows
For the Month Ended June 30, 20Y9
Cash flows from (used for) operating activities:
Cash received from operating activities $
Cash paid for operating activities
Net cash flows from operating activities $
Cash flows from (used for) investing activities:
Cash paid for land
Cash flows from (used for) financing activities:
Cash received from issuing common stock $
Cash received from issuing notes payable
Cash paid as dividends
Net cash flows from financing activities
Net increase in cash during June $
Cash as of June 1, 20Y9
Cash as of June 30, 20Y9 $

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