The following information applies to the questions displayed below.]

Colton Enterprises experienced the following events for Year 1, the first year of operation:

1. Acquired $38,000 cash from the issue of common stock.
2. Paid $12,300 cash in advance for rent. The payment was for the period April 1, Year 1, to March 31, Year 2.
3. Performed services for customers on account for $78,000.
4. Incurred operating expenses on account of $36,500.
5. Collected $60,000 cash from accounts receivable.
6. Paid $24,000 cash for salary expense.
7. Paid $29,200 cash as a partial payment on accounts payable.

Adjusting Entries

8. Made the adjusting entry for the expired rent. (See Event 2.)
9. Recorded $3,000 of accrued salaries at the end of Year 1.

Events for Year 2

1. Paid $3,000 cash for the salaries accrued at the end of the prior accounting period.
2. Performed services for cash of $27,000.
3. Purchased $3,100 of supplies on account.
4. Paid $11,400 cash in advance for rent. The payment was for one year beginning April 1, Year 2.
5. Performed services for customers on account for $94,000.
6. Incurred operating expenses on account of $44,500.
7. Collected $92,000 cash from accounts receivable.
8. Paid $42,000 cash as a partial payment on accounts payable.
9. Paid $31,800 cash for salary expense.
10. Paid a $12,000 cash dividend to stockholders.

Adjusting Entries

11. Made the adjusting entry for the expired rent. (Hint: Part of the rent was paid in Year 1.)
12. Recorded supplies expense. A physical count showed that $600 of supplies were still on hand.

please prepare a statement of cash flow's for Year 2