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This information is for Cullumber Company for the year ended December 31, 2022 $ 550,000 250,000 100,000 Cash received from revenues from customers Cash received

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This information is for Cullumber Company for the year ended December 31, 2022 $ 550,000 250,000 100,000 Cash received from revenues from customers Cash received for Issuance of common stock Cash paid for new equipment Cash dividends paid Cash paid for expenses Cash balance 1/1/22 10,000 400,000 30,000 Prepare the 2022 statement of cash flows for Cullumber Company, (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis es. (15,0001) 2.257 Cullumber Company Statement of Cash Flows For the Year Ended December 31, 2022 Cashflows from operating activities Cash receipts from revenues 550000 Cash payments for expenses 250000 Net cash provided by operating activities 300000 Cash flows from investing activities Purchase of equipment 100000 Cash flows from financing activities Purchase of equipment 100000 Cash flows from financing activities Payment of cash dividends $ - 10000 Sale of common stock 400000 Net cash provided by financing activities - 410000 Net increase in cash 290000 Cash at the beginning of the period Cash at the end of the period

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