The following is a Statement of Cash Flows for the risk management internal service fund of the City of Wrightville. An inexperienced

accountant prepared the statement using the FASB format rather than the format required by GASB. All long$-$term debt was issued to

purchase capital assets. The transfer from the General Fund was to establish the internal service fund and provide the initial working

capital necessary for operations.

Prepare a statement of cash flows using the appropriate format as required by GASB.