The following transactions pertain to the operations of Ewing Company for Year 1: 1. Acquired $23,800 cash from the issue of common stock. 2. Provided $15,550 of services on account. 3. Paid $16,000 cash on accounts payable. 4. Performed services for $45,000 cash. 5. Collected $5,100 cash from accounts receivable. 6. Incurred $7,250 of operating expenses on account. 7. Paid a $25,400 cash for one year's rent in advance. 8. Paid a $8,000 cash dividend to the stockholders. 9. Paid $1,800 cash for supplies to be used in the future. 10. Recognized $31,100 of accrued salaries expense. Required a. Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). b. Prepare a statement of cash flows. (There is no beginning cash balance.) Complete this question by entering your answers in the tabs below. Required Required A B Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). (Not all cells will require entry.) Transaction Classification 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Required A Required B > Required Required A B Prepare a statement of cash flows. (There is no beginning cash balance.) (Enter cash outflows with a minus sign.) EWING COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities Net change in cash 0 0 Ending cash balance $ 0