Statement of Cash Flows

SLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder. During January 20Y6, SLO Health Care entered into the following transactions:

During January 20Y6, San Mateo Health Care entered into the following transactions:

Date	Line Item Description
Jan. 1	Received $13,500 from Glenn Company as rent for the use of a vacant office in SLO Health Cares building. Glenn paid the rent nine months in advance.
1	Paid $3,000 for a one-year general insurance business policy.
6	Purchased supplies of $900 on account.
9	Collected $16,000 for services provided to customers on account.
11	Paid creditors $2,500 on account.
18	Invested an additional $5,000 in the business in exchange for common stock.
20	Billed patients $26,000 for services provided on account.
25	Received $7,500 for services provided to customers who paid cash.
30	Paid expenses as follows: wages, $15,500 utilities, $4,250 rent on medical equipment, $2,650 interest, $100 and miscellaneous, $1,500.
30	Paid dividends of $4,000 to stockholder (Dr. Denby).

Adjustment data for SLO Health Care Inc. for January are as follows:

1. Insurance expired, $450.
2. Supplies on hand on January 31, $600.
3. Depreciation on building, $1,150.
4. Unearned rent revenue earned, $1,500.
5. Wages owed employees but not paid, $1,450.
6. Services provided but not billed to patients, $2,500.

Presented in the integrated financial statement format are after-adjustment balances for January.

Instructions:

Prepare a statement of cash flows for January. Use the minus sign to indicate cash outflows, decreases in cash, or cash payments. The Cash balance at the beginning of January 20Y6 was $10,000. If your answer is zero enter "0".

Line Item Description	Amount	Amount
Cash flows from (used for) operating activities:
Cash flows from investing activitiesCash received from customersCash received from issuance of stockDividends paidNet cash flows from operating activitiesNet increase in cashCash received from customers	$Cash received from customers
Cash paid for expensesCash received from issuance of stockDividends paidJanuary 31, 20Y6, cash balanceNet cash flows from operating activitiesNet increase in cashCash paid for expenses	Cash paid for expenses
Cash flows from investing activitiesCash received from issuance of stockDividends paidJanuary 1, 20Y6, cash balanceNet cash flows from operating activitiesNet increase in cashNet cash flows from operating activities		$Net cash flows from operating activities
Cash flows from (used for) investing activitiesCash paid as dividendsCash received from (used for) financing activitiesCash received from (used for) operating activitiesNet cash flows from financing activitiesCash flows from (used for) investing activities		Cash flows from (used for) investing activities
Cash flows from (used for) financing activities:
Cash flows from investing activitiesCash paid for expensesCash received from customersCash received from issuing common of stockNet cash flows from operating activitiesNet increase in cashCash received from issuing common of stock	$Cash received from issuing common of stock
Cash flows from investing activitiesCash paid for expensesCash paid as dividendsJanuary 1, 20Y6, cash balanceNet cash flows from operating activitiesNet increase in cashCash paid as dividends	Cash paid as dividends	blank
Cash flows from investing activitiesCash received from issuance of stockDividends paidJanuary 1, 20Y6, cash balanceNet cash flows from financing activitiesNet increase in cashNet cash flows from financing activities	blank	Net cash flows from financing activities
Cash flows from investing activitiesCash received from customersCash received from issuance of stockDividends paidNet cash flows from operating activitiesNet increase in cashNet increase in cash		$Net increase in cash
Cash as of January 1, 20Y6Cash flows from investing activitiesCash paid as dividendsCash received from customersNet cash flows from operating activitiesNet increase in cashCash as of January 1, 20Y6		Cash as of January 1, 20Y6
Cash as of January 31, 20Y6Cash flows from investing activitiesCash paid as dividendsCash received from customersNet cash flows from operating activitiesNet increase in cashCash as of January 31, 20Y6		$Cash as of January 31, 20Y6