Question: Item1 10 points Check my workCheck My Work button is now enabled3Item 1 Exercise 8-2A (Static) Effect of accounting events on the financial statements of

Item1 10 points Check my workCheck My Work button is now enabled3ItemItem1 10 points Check my workCheck My Work button is now enabled3Item 1 Exercise 8-2A (Static) Effect of accounting events on the financial statements of a sole proprietorship LO 8-1 A sole proprietorship was started on January 1, Year 1, when it received $60,000 cash from Marlin Jones, the owner. During Year 1, the company earned $35,300 in cash revenues and paid $16,200 in cash expenses. Jones withdrew $1,000 cash from the business during Year 1. Required

MARLIN JONES SOLE PROPRIETORSHIP Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities: \begin{tabular}{|l|} \hline \\ \hline Net cash flow from investing activities \\ \hline Cash flows from financing activities: \\ \hline Net cash flow from financing activities \\ \hline \end{tabular} Net cash flow from financing activities

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