Statement of Cash Flows: The following statement of cash flows for Shasta Inc. was not correctly prepared. List the errors you find on the statement of cash flows. The cash balance at the beginning of the year was $240,000. All other amounts are correct, except the cash balance at the end of the year: b. Enter the corrected amounts below. Use the minus sign to indicate cash outflows, cosh payments, decreases in cash, or any negative adjustments. b. Enter the corrected ameunts below. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Net cash flows trom operating activities Net cash fows used for investing activities Net cash fiows from financing activities c. Prepare a corrected statement of cash flows. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments: SHASTA INC. Stateasent of Cash Flows For the Year Ended December 31, 20y9 Cash flows from (used for) operating activities Adjustments to reconcile net income to Net cash flowss from (used for) operating activbes: Changes in current operating assets and lisbiluee: Net cash fows from operating octivities Cash flews from (uted for) investing activities: Chaoges in current operating assets and habulitiev Net cash flows from operating activives Cath flows from (osed for) irvesting activabes: Net cash flows from imverting activities Cash flows from (used for) financing activities: het cash fows from financing activities Caih balance, January 1,20y9 Cash balance, December.31, 20 O Statement of Cash Flows The following statement of cash flows for Shasta Inc. was not correctly prepared. List the errors you find on the statement of cash flows. The cash balance at the beginning of the year was $240,000. All other amounts are correct, except the cash balance at the end of the year. b. Enter the corrected amounts below. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or. any negative adjustments. c. Prepare a corrected statement of cash flows. Use the minus sign to indicate cash outflows, cash payments, decreases in