summary of cash flows for Linda's Design Services for the year ended December 31 is shown below. Cash receipts: Cash received from customers $83,200 Cash received from sale of stock 20,800 Cash payments: Cash paid for expenses Cash paid for land $27,700 45,600 Cash paid for supplies 340 Dividends 3,400 The cash balance as of January 1 $41,300 Prepare a statement of cash flows for Linda's Design Services for the year ended December 31. Use the payments. Linda's Design Services Statement of Cash Flows For the Year Ended December 31 Cash flows from operating activities: The cash balance as of January 1 $41,300 Prepare a statement of cash flows for Linda's Design Services for the year ended December 31. Use the payments. Linda's Design Services Statement of Cash Flows For the Year Ended December 31 Cash flows from operating activities: Net cash flows from operating activities Cash flows used for investing activities: Cash flows from financing activities: Net cash flows from financing activities Cash balance, January 1 Cash balance, December 31