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Statement of Cash FlowsSLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder. During January 2 0 Y 6 , SLO

Statement of Cash FlowsSLO 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:DateLine Item DescriptionJan. 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:Insurance expired, $450.Supplies on hand on January 31, $600.Depreciation on building, $1,150.Unearned rent revenue earned, $1,500.Wages owed employees but not paid, $1,450.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 $10,000. If your answer is zero enter "0".SLO HEALTH CARE INC.Statement of Cash FlowsFor the Month Ended January 31,20Y6Line Item DescriptionAmountAmountCash flows from (used for) operating activities:Cash received from customers$Cash received from customersCash paid for expensesCash paid for expensesNet cash flows from operating activities$Net cash flows from operating activitiesCash flows from (used for) investing activitiesCash flows from (used for) investing activitiesCash flows from (used for) financing activities:Cash received from issuing common of stock$Cash received from issuing common of stockCash paid as dividendsCash paid as dividendsblankNet cash flows from financing activitiesblankNet cash flows from financing activitiesNet increase in cash$Net increase in cashCash as of January 1,20Y6Cash as of January 1,20Y6Cash as of January 31,20Y6$Cash as of January 31,20Y6

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