The following summary transactions occurred during 2018 for Bluebonnet Bakers:

Cash Received from:
Customers	$	530,000
Interest on note receivable		5,500
Principal on note receivable		58,000
Sale of investments		38,000
Proceeds from note payable		195,000
Cash Paid for:
Purchase of inventory		255,000
Interest on note payable		9,500
Purchase of equipment		97,000
Salaries to employees		102,000
Principal on note payable		44,000
Payment of dividends to shareholders		39,000

The balance of cash and cash equivalents at the beginning of 2018 was $30,000. Required: Prepare a statement of cash flows for 2018 for Bluebonnet Bakers. Use the direct method for reporting operating activities. (Amounts to be deducted should be indicated with a minus sign.)

BLUEBONNET BAKERS
Statement of Cash Flows
For the Year Ended December 31, 2018
		$0
		0
		0
		0
		$0