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What is the Payments on longterm debt(the blank part)? Also, what is the beginning cash balance? Statement of Cash Flows For the Year Ended December

image text in transcribedWhat is the Payments on longterm debt(the blank part)? Also, what is the beginning cash balance?

Statement of Cash Flows For the Year Ended December 31, 21 CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers Cash paid for merchandise (15,000) Cash paid to employees (10,000) Cash paid for interest (500) Cash paid for income taxes (1,500) NET CASH PROVIDED BY OPERATING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment (101,000) NET CASH USED IN INVESTING ACTIVITIES CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from line of credit Payments on line of credit 10,000 Proceeds from long-term debt 99,500 Payments on long-term debt NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES NET INCREASE (DECREASE) IN CASH 32,800 BEGINNING CASH BALANCE ENDING CASH BALANCE $

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