Tiger Trade has the following cash transactions for the period.

Accounts	Amounts
Cash received from sale of products to customers	$	30,500
Cash received from the bank for long-term loan		35,500
Cash paid to purchase factory equipment		(40,500	)
Cash paid to merchandise suppliers		(10,100	)
Cash received from the sale of an unused warehouse		11,100
Cash paid to workers		(22,100	)
Cash paid for advertisement		(2,100	)
Cash received for sale of services to customers		20,500
Cash paid for dividends to stockholders		(4,100	)

Assume the balance of cash at the beginning of the period is $3,100.

Required:

1. Calculate the ending balance of cash.

2. Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.)

TIGER TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: Cash outflows: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the year Cash at the end of the year