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Use the following to answer questions 26 - 32 Below is a summary of all transactions of KEV Consulting for the month of October. Cash

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Use the following to answer questions 26 - 32 Below is a summary of all transactions of KEV Consulting for the month of October. Cash transactions Cash collection from sale of unused office furniture $40,000 Borrowing from bank 150.000 I Customers 777,000 Cash payments for Employee salaries $55.000 1 Dividends to stockholders 75.000 | Advertising expense 135,000 IlUtilities expense 10.000 Purchased office equipment 75,000 loffice supplies 2000 Noncash Transactions Issue note payable for equipment $350.000 Services to customers on account 125.000 Purchase office equipment on account 25.000 Prepare a statement of cash flows for the month of October, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of October is $55,000. 26. $ What is the amount of cash inflows from operating activities? 27. $ What is the amount of cash outflows from operating activities? 28. $ What is the Net Cash Flows from Operating Activities (if cash used, use "-")? 29. $ What is the Net Cash Flows from Investing Activities (if cash used, use "-")? 30. $ What is the Net Cash Flows from Financing Activities (if cash used, use "-")? 31. $ How much did cash change (if decrease, use "-") 32. $ What is the ending cash balance for the company

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