Given the following entries in the cash account, prepare the statement of cash flows for Smith...

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Given the following entries in the cash account, prepare the statement of cash flows for Smith Consulting Services for the month ended May 31, 20Y4. If an amount box does n require an entry, leave it blank. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Cash May 1 Received owner's investment May 10 Received fees from clients May 30 Received fees from clients 50,000 May 5 Paid accounts payable 30,000 May 20 Paid operating expenses 40,000 May 25 Purchased office equipment May 30 Paid owner's withdrawal 10,000 20,000 15,000 8,000 May 31 Balance 67,000 Smith Consulting Services Statement of Cash Flows For the Month Ended May 31, 20Y4 Line Item Description Cash flows from (used in) operating activities: < Amount Amount Cash flows from (used in) investing activities: Cash flows from (used in) financing activities: Given the following entries in the cash account, prepare the statement of cash flows for Smith Consulting Services for the month ended May 31, 20Y4. If an amount box does n require an entry, leave it blank. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Cash May 1 Received owner's investment May 10 Received fees from clients May 30 Received fees from clients 50,000 May 5 Paid accounts payable 30,000 May 20 Paid operating expenses 40,000 May 25 Purchased office equipment May 30 Paid owner's withdrawal 10,000 20,000 15,000 8,000 May 31 Balance 67,000 Smith Consulting Services Statement of Cash Flows For the Month Ended May 31, 20Y4 Line Item Description Cash flows from (used in) operating activities: < Amount Amount Cash flows from (used in) investing activities: Cash flows from (used in) financing activities: