THIS IS ALL ONE QUESTION

Garcia Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $39,000 44,000 (49,000) (11,800) 12,800 (23, 800) (3,800) 29,000 (5,800) Assume the balance of cash at the beginning of the period is $4,800. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the ending balance of cash. Ending balance $ 30,600 Garcia Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $39,000 44,000 (49,000) (11,800) 12,800 (23, 800) (3,800) 29,000 (5,800) Assume the balance of cash at the beginning of the period is $4,800. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) GARCIA TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: From sale of products to customers $ 39,000 12,800 29,000 From sale of services to customers Cash outflows: Purchase factory equipment For merchandise suppliers For workers (49,000) (11,800) (23,800) (3,800) For advertisement Net cash flows from operating activities Cash Flows from Investing Activities $ (7,600) 0 Net cash flows used in investing activities Cash Flows from Financing Activities Net cash flows from financing activities 0 Cash at the beginning of the year Cash at the end of the year $ 0