The following information is available for two different types of businesses for the 2016 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students.

Data for Hopkins CPAs

1.	Borrowed $90,000 from the bank to start the business.
2.	Provided $50,000 of services to clients and collected $50,000 cash.
3.	Paid salary expense of $32,000.

Data for Sports Clothing

1.	Borrowed $90,000 from the bank to start the business.
2.	Purchased $50,000 inventory for cash.
3.	Inventory costing $26,000 was sold for $50,000 cash.
4.	Paid $8,000 cash for operating expenses.

Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. (Statement of Cash Flows only, items to be deducted must be indicated with a negative amount.)

*** I finished the income statement and balance sheet of each, I'm having trouble with the statement of cash flow. Here are the ones I've been working on with part of the correct answer. I need the rest of the answer to have it completed. Thank you

HOPKINS CPAs
Statement of Cash Flows
For the Year Ended December 31, 2016
Cash flows from operating activities:
Net increase in cash	$18,000
Net cash flow from operating activities		$18,000
Cash flows from investing activities		0
Cash flows from financing activities:
Cash outflow for loan
Net cash flow from financing activities
Ending cash balance

SPORTS CLOTHING
Statement of Cash Flows
For the Year Ended December 31, 2016
Cash flows from operating activities:
Cash outflow for inventory	(24,000)
Net cash flow from operating activities
Cash flows from investing activities		0
Cash flows from financing activities:
Net cash flow from financing activities		0
Plus: Beginning cash balance
Ending cash balance		$82,000