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The following summary transactions occurred during 2024 for Bluebonnet Bakers: The balance of cash and cash equivalents at the beginning of 2024 was $16,000. Required:

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The following summary transactions occurred during 2024 for Bluebonnet Bakers: The balance of cash and cash equivalents at the beginning of 2024 was $16,000. Required: Prepare a statement of cash flows for 2024 for Bluebonnet Bakers. Use the direct method for reporting operating activities. Note: Amounts to be deducted should be indicated with a minus sign

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