=+Balances, July 31, 2009. 48,000 9,000 6,000 250,000 -60,000 7,000 0 50,000 196,000 Statement ofCash Flows Income Statement Operating (Revenues) 315,000 July Laundry revenue 315,000 Financing (Capital Stock) 25,000 Wages expense 110,000 Operating (Expenses) 220,000 Rent expense -30,000 Investing (Equipment) -80,000 Utilities expense -18,000 Financing (Dividends) -5,000 Misc. expense -7,500 Net increase in cash 35,000 Beginning cash balance, Aug. 1, 2008 13,000 Ending cash balance, July 31, 2009 $48,000 Income Statement