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Eagle Tree Services reports the following amounts on December 31, 2024.

Eagle Tree Services reports the following amounts on December 31, 2024. Assets Cash Supplies Prepaid insurance Building Liabilities and Stockholders' Equity $8,800 Accounts payable $13,000 2,900 Salaries payable 4,600 4,600 Notes payable 31,000 83,000 Common stock 40,000 Retained earnings 10,700 In addition, the company reported the following cash flows. Cash Inflows Cash Outflows Customers $82,000 Employee salaries $33,000 Borrow from the bank (note) 31,000 Supplies 15,000 Sale of investments 26,500 Dividends 12,000 Purchase building 84,000 Required: 1. Prepare a balance sheet. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Balance Statem... Sheet of Cash Prepare a statement of cash flows. (Cash outflows and decreases in cash should be indicated by a minus sign.) EAGLE TREE SERVICES Statement of Cash Flows For the year ended December 31, 2024 Cash Flows from Operating Activities Net Cash Flows from Operating Activities Cash Flows from Investing Activities Net cash flows used in investing activities Cash Flows from Financing Activities Net Cash Flows from Financing Activities Cash at the Beginning of the Year Cash at the End of the Year Eagle Tree Services reports the following amounts on December 31, 2024. Assets Cash Supplies Prepaid insurance Building Liabilities and Stockholders' Equity $8,800 Accounts payable $13,000 2,900 Salaries payable 4,600 4,600 Notes payable 31,000 83,000 Common stock 40,000 Retained earnings 10,700 In addition, the company reported the following cash flows. Cash Inflows Cash Outflows Customers $82,000 Employee salaries $33,000 Borrow from the bank (note) 31,000 Supplies 15,000 Sale of investments 26,500 Dividends 12,000 Purchase building 84,000 Required: 1. Prepare a balance sheet. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Balance Sheet Statem... of Cash Prepare a balance sheet. EAGLE TREE SERVICES Balance Sheet December 31, 2024 Assets Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Assets Balance Sheet Statement of Cash Flows >

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