The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Interest on notes receivable Collections from customers $400,000 9,000 Collection of notes receivable 45,000 Sale of investments. 25,000 Issuance of notes payable 130,000 Cash Paid for: Purchase of inventory Interest on notes payable Purchase of equipment 190,000 8,000 71,000 Salaries to employees Payment of notes payable 76,000 31,000 Dividends to shareholders 26,000 The balance of cash and cash equivalents at the beginning of 2021 was $17,000. Required: Prepare the statement of cash flows assuming that Bluebonnet prepares its financial statements according to Internationa Reporting Standards. Where IFRS allows flexibility, use the classification used most often in IFRS financial statements. (Amm deducted should be indicated with a minus sign.) a minus sign.) BLUEBONNET BAKERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities: Net cash flows from operating activities Cash flows from investing activities: $ 400,000 9,000 190,000 $ (8,000) 69 $ (76,000) $ 591,000 + Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Net increase in cash Cash and cash equivalents, January 1 Cash and cash equivalents, December 31 + 0 0 591,000 $ 591,000