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Tiger Trade has the following cash transactions for the period. Accounts Amounts Cash received from sale of products to customers $ 35,500 Cash received from

Tiger Trade has the following cash transactions for the period.

Accounts Amounts
Cash received from sale of products to customers $ 35,500
Cash received from the bank for long-term loan 40,500
Cash paid to purchase factory equipment (45,500 )
Cash paid to merchandise suppliers (11,100 )
Cash received from the sale of an unused warehouse 12,100
Cash paid to workers (23,100 )
Cash paid for advertisement (3,100 )
Cash received for sale of services to customers 25,500
Cash paid for dividends to stockholders (5,100 )

Assume the balance of cash at the beginning of the period is $4,100.

1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.)

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