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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 Y SLO Health Care entered into the following transactions:During January Y San Mateo Health Care entered into the following transactions:DateLine Item DescriptionJan. Received $ 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 Paid $ for a oneyear general insurance business policy Purchased supplies of $ on account Collected $ for services provided to customers on account Paid creditors $ on account Invested an additional $ in the business in exchange for common stock Billed patients $ for services provided on account Received $ for services provided to customers who paid cash Paid expenses as follows: wages, $ utilities, $ rent on medical equipment, $ interest, $ and miscellaneous, $ Paid dividends of $ to stockholder Dr DenbyAdjustment data for SLO Health Care Inc. for January are as follows:Insurance expired, $Supplies on hand on January $Depreciation on building, $Unearned rent revenue earned, $Wages owed employees but not paid, $Services provided but not billed to patients, $Presented in the integrated financial statement format are afteradjustment 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 Y was $ If your answer is zero enter SLO HEALTH CARE INC.Statement of Cash FlowsFor the Month Ended January YLine 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 YCash as of January YCash as of January Y$Cash as of January Y
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