PLEASE ANSWER THE WRONG & EMPTY BOXES !!

Statement of Cash Flows A summary of cash flows for Ethos Consulting Group for the year ended May 31, 2016, follows: Cash receipts: Cash received from customers $203,000 Cash received from additional investment of owner 35,000 Cash payments: Cash paid for operating expenses 115,500 Cash paid for land 52,500 Cash paid to owner for personal use 7,000 The cash balance as of June 1, 2046, was $21,700. Prepare a statement of cash flows for Ethos Consulting Group for the year ended May 31, 2016. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash. Ethos Consulting Group Statement of Cash Flows For the Year Ended May 31, 2016 Cash flows from (used for) operating activities: Cash received from customers 203,000 Cash paid for operating expenses 115,500 Net cash flow from operating activities 87,500 Cash flows from (used for) investina activities: 87,500 87,500 x dropdown ash flow from operating activities Cash flows from (used for) investing activities: Cash paid for purchase of land Cash flows from (used for) financing activities: Cash received from owner as investment Cash withdrawals by owner Net cash flow from financing activities Net increase in cash 35,000 74,200 X Cash balance, June 1, 2045 21,700 Cash balance, May 31, 2016