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STATEMENT OF CASH FLOWS Required: Designate where each of the following events would be presented on the Statement of Cash Flows (Operating, Non-Capital Finance, Capital

STATEMENT OF CASH FLOWS

Required: Designate where each of the following events would be presented on the Statement of Cash Flows (Operating, Non-Capital Finance, Capital Finance, and Investing) and then prepare the statement in proper form.

Background: Hulk County has a beginning cash balance in its transportation enterprise fund of $895,635. During 2022, the following transactions occurred:

Interest received on investments totaled $42,400

The city acquired additional equity investments totaling $75,000

A grant was received from the state in the amount of $50,000 to provide wages for summer interns Non-Capital Financing

Receipts from sales of goods or services totaled $2,915,500

Payments for supplies were made in the amount of $1,642,100

Payments to employees for salaries amounted to $479,300

Equipment was sold for $57,500. It had a book value of $56,625

$25,000 was transferred to the General Fund to finance a shortage in police officers salaries. Non-Capital Financing

Other cash expenses for operations were $89,200

Long-term debt payments (incurred to purchase capital assets) totaled $525,000 Capital Financing

Please help a boy out with government accounting. Please answer in an organized way so that I can understand the material presented. I will leave a good rating, thank you so much!!!!

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