The following transactions pertain to the operations of Blair Company for 2014:

1.

Acquired $22,500 cash from the issue of common stock.

2.

Performed services for $36,500 cash.

3.

Paid a $29,200 cash advance for a one-year contract to rent equipment.

4.

Recognized $32,200 of accrued salary expense.

5.

Accepted a $2,200 cash advance for services to be performed in the future.

6.

Provided $17,150 of services on account.

7.

Incurred $9,750 of other operating expenses on account.

8.

Collected $5,200 cash from accounts receivable.

9.

Paid a $8,900 cash dividend to the stockholders.

10.

Paid $17,800 cash on accounts payable.

Required
a.	Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). Use NA for transactions that do not affect the statement of cash flows.

Prepare a statement of cash flows. (There is no beginning cash balance.) (Amounts to be deducted should be indicated with a minus sign.)

BLAIR COMPANY
Statement of Cash Flows
For the Year Ended December 31, 2014
Cash flows from operating activities
Net cash flow from operating activities
Cash flows from investing acivities
Cash flows from financing activities
Net cash flow from financing activities
Net change in cash
Ending cash balance