exercise 4-15 (Algo) calculate net cash flows (LO4-7) PLEASE HELP!!!

Saved Help Save & Exit Submit Exercise 4-15 (Algo) Calculate net cash flows (LO4-7) Below are several transactions for White cloud Corporation for 2024. a. Issue common stock for cash, $52,000. b. Purchase building and land with cash, $37,000. c. Provide services to customers on account, $7,200. d. Pay utilities on building, $1,100. e. Collect $5,200 on account from customers. f. Pay employee salaries, $9,200. g. Pay dividends to stockholders, $4,200. Required: 1.&2. For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether White cloud should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. 3. Assuming the balance of cash on January 1, 2024, equals $4,600, calculate the balance of cash on December 31, 2024. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether White cloud should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. (Enter N/A if the question is not applicable to the statement. List cash outflows as negative amounts.) Transaction Cash Flows Operating, Investing or Financing An FA 1/Chapter 4 i ces 3 of 4