The following Cash T-account summarizes all the transactions affecting cash during 1997 for Miller Manufacturing. Cash Beginning balance 9,000 Equipment purchases 24,000 Sales of services 45,000 Rent payable payments 7,000 Receivables collections 50,000 Bank loan principal 12,000 Sale of land 7,500 Loan interest 3,000 Issuance of common stock 15,000 Salaries 26,500 Long-term borrowings 16,000 Dividend payments 4,000 Miscellaneous expenses 13,000 Long-term investment purchase 10,000 REQUIRED:

a. Compute the ending cash balance.

b. Prepare a statement of cash flows.