Following is a summary of all transactions of Dreamworks Bedding Supplies for the month of August 2024.

Required:
Prepare a statement of cash flows for the month of August, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of August is $8,300.

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Cash Transactions Cash collections from: Customers Sale of unused land Issuance of common stock Interest earned on savings account Cash payments for: Employee salaries Delivery truck Advertising expense Office supplies Repayment of borrowing Bedding material Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later $ 80,400 15,700 30,000 300 (47,100) (34,500) (5,900) (3,800) (9,000) (13,000) 12,300 8,400 92,000