Activity 4.b-Prepare a Statement of Cash Flows Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts. Then enter the account balances and calculate ending balances. Enter decreases in cash with a minus sign or parentheses. Cath bilene Deamber 1,2016 518300 Transaons Dec The owner contribued an adtional $700 cash the business in exchange for capital Puchaed eipment for $1a00 n accun Paid 120100 ash for land 17 Pat cash expenses effice ren, $1.s00 empleyees salaries, $1.30 utines $400 The owrwdrew 23009 23 26 Eamed service revenue for the month 300 recng cash SMART TOUCH LEARNING Statemert of Cash Flows Moneh Ended December 31, 2016 Cash flown from opeang a Receps Cotetion frm etmes Payments For re J300 For sas SMART TOUCH LEARNING Statement of Cash Flows Month Ended December 31, 2016 Cash flows from operating activities Receipts Collections from customers 4,900 Payments For rent 1,500 For salaries -1.300 For utilities 400 -3200 Net cash provided (used) by operating activities 1,700 Cash flows from investing activities Acquisition of Land 20.100 Net cash provided (used) by operating activities 1,800 Cash flows from investing activities Owner contribution 2,800 Net cash provided (used) by Net increase (decrease) in cash Cash balance, December 1, 2016 Cash balance, December 31, 2016