Question: E 4-13 Statement of cash flows preparation; direct method LO4-8 The following summary transactions occurred during 2024 for Bluebonnet Bakers: Cash Received from: Collections from

E 4-13 Statement of cash flows preparation; direct method LO4-8 The

E 4-13 Statement of cash flows preparation; direct method LO4-8 The following summary transactions occurred during 2024 for Bluebonnet Bakers: Cash Received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash Paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders The balance of cash and cash equivalents at the beginning of 2024 was $17,000. Required: Prepare a statement of cash flows for 2024 for Bluebonnet Bakers. Use the direct method for reporting operating activities

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