STATEMENT

OF CASH FLOWS
CASH FLOWS FROM OPERATING ACTIVITIES

Net income

Depreciation and amortization (+)

Increase in accounts receivable (-)

Increase in supplies

(Accounts) payable (+)

Inventory (-)

Loss on sale (cost of land sold – land sold for)

Net cash flows from operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Land sold for (+)

Purchase of equipment (-)

CASH FLOWS FROM FINANCING ACTIVITIES

Investments by stockholders

Dividends (-)

Issue of common stock (+)

Issuance of long-term debt (bonds payable) (-)

NET INCREASE (DECREASE) IN CASH

Cash at the beginning of the month + (operating + investing + financing activities) =

Cash at the end of the month