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An inexperienced accountant for Yarnell Company prepared the following income statement for the month of...

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An inexperienced accountant for Yarnell Company prepared the following income statement for the month of August 2013 YARNELL COMPANY August 31, 2013 Revenues: Services provided to customers $ 12,000 Investment by shareholders 3,000 Loan from bank 12,000 $ 27,000 Expenses: Payments to long-term creditors $ 15,000 Expenses required to provide services to customers 9,400 Purchase of land 18,000 42,400 Loss $ 15,400 Based on the information prepare a statement of cash flows in a form consistent with generally accepted accounting principles. You may assume all transactions were in cash and that the beginning cash balance was $19,000. (Amounts to be deducted should be indicated with a minus sign. Omit the "S" sign in your response.) YARNELL COMPANY Statement of Cash Flows For the Month Ended August 31, 2013 Cash flows from operating activities: (Click to select) (Click to select) $ Net cash (Click to select) v operating activities Cash flows from investing activities: (Click to select) Cash flows from financing activities: (Click to select) (Click to select) (Click to select) $ $ (Click to select) Cash balance, August 1, 2013 II. Cash balance, August 31, 2013 $

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