A summary of cash flows for Express Travel Service for the year ended June 30, 2010, is shown below.

Cash receipts:

Cash received from customers . . . . . . . . . . . . . . . . . . . . . . $460,000

Cash received from additional investment of owner . . . . .  30,000

Cash payments:

Cash paid for operating expenses . . . . . . . . . . . . . . . . . . .    355,000

Cash paid for land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     104,000

Cash paid to owner for personal use . . . . . . . . . . . . . . . . .     18,000

The cash balance as of July 1, 2009, was $65,000.

Prepare a statement of cash flows for Express Travel Service for the year ended June 30, 2010.