Presented below is selected financial information for Rojo Corporation for December 31, 2017.

Instructions
(a) Determine which items should be included in a statement of cash flows and then prepare the statement for Rojo Corporation.
(b) Comment on the adequacy of net cash provided by operating activities to fund the company's investing activities and dividend payments.

Inventory Cash paid to suppliers Buildings Common stock Cash dividends paid Cash at beginning of period 25,000 Cash paid to purchase equipment 12,000 40,000 100,000 50,000 Cash received from customers 132,000 104,000 Equipment 200,000 Service revenue 7,000 9,000 Cash received from issuing common stock 22,000