The following summary transactions occurred during 2024 for Bluebonnet Bakers:

The balance of cash and cash equivalents at the beginning of 2024 was $17,000.

Required:
Prepare a statement of cash flows for 2024 for Bluebonnet Bakers. Use the direct method for reporting operating activities.

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Cash Received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash Paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $380,000 6,000 50,000 30,000 100,000 160,000 5,000 85,000 90,000 25,000 20,000