The Kare Counseling Center was incorporated as a not-for-profit organization 10 years ago. Its adjusted trial balance as of June 30,2023 , follows. 1. Salarles and fringe benefits were allocated to program services and supporting services in the followng percentages: counseling services, 30 percent; professlonal training, 20 percent, community service, 10 percent; management and general, 20 percent; and fund-ralsing, 20 percent. Occupancy and utlity, supplies, printing and publishing, and telephone and postage expenses were allocated to the programs in the same manner as salarles and fringe benefits. Depreclation expense was divided equally among all five functlonal expense categorles. 2. The organization had $166,814 of cash on hand at the beginning of the year. During the year, the center recelved cash from contrrbutors: $309,600 that was unrestricted and $38,400 that was restricted for the purchase of equlpment for the center. It had $9,500 of Income eamed and recelved on long-term Investments. The center spent cash of $288,710 on salarles and fringe benefits, $25,000 on the purchase of equilpment for the center, and $86,804 for operating expenses. Other pertinent Information follows: net pledges recelvable Increased $5,500, inventory Increased $1,300, accounts payable decreased $103,694, and there were no salarles payable at the beginning of the year. d. Hrepare a statement of cash tlows tor the year ended June 30,2023 . (List of cash outtlows should be indicated by a minus sign.)