Use the following information to prepare a statement of cash flows for Studio One for the month ended December 31. The cash balance at the start of December 1 was $5,000. Note: Amounts to be deducted should be indicated by a minus sign. Cash dividends to shareholders Cash received from customers Cash investments from shareholders Cash paid for equipment Cash paid for truck Cash paid for expenditures $ 6,000 35,500 17,000 7,000 26,000 10,000 Answer is not complete. STUDIO ONE Statement of Cash Flows For Month Ended December 31 Cash flows from operating activities Cash received from customers S 35,500 Cash paid for expenditures (10,000) Net cash provided by operating activities 25,500 Cash flows from investing activities Cash paid for equipment Cash paid for truck 00 C (7,000) (26,000) 0 (33,000) Net cash used by investing activities Cash flows from financing activities Cash dividends to shareholders Cash investments from shareholders Net cash provided by financing activities 00 (6,000) 17,000 11,000 Answer is not complete. STUDIO ONE Statement of Cash Flows For Month Ended December 31 Cash flows from operating activities Cash received from customers $ 35,500 Cash paid for expenditures (10,000) Net cash provided by operating activities 25,500 Cash flows from investing activities Cash paid for equipment (7,000) Cash paid for truck (26,000) Net cash used by investing activities (33,000) Cash flows from financing activities Cash dividends to shareholders (6,000) Cash investments from shareholders 17,000 Net cash provided by financing activities 11,000 Net increase in cash Cash balance, December 1 5,000 Cash balance, December 311 13