This information is for Paulo Company for the year ended
This information is for Paulo Company for the year ended December 31, 2015.
Cash received from revenues from customers ....... $600,000
Cash received for issuance of common stock ..... 280,000
Cash paid for new equipment ........... 115,000
Cash dividends paid ................ 18,000
Cash paid for expenses ............... 430,000
Cash balance 1/1/15 ................ 30,000

Instructions
Prepare the 2015 statement of cash flows for Paulo Company.

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