please only answer B !!!!

Assignment 1 Swed Help Save & EX Chec 1 20 points All-Star Automotive Company experienced the following accounting events during Your 1. Performed services for $14 300 cash 2. Purchased land for $7,300 cash 3. Hired an accountant to keep the books. 4. Received $33,000 cash from the issue of common stock. 5. Borrowed $8,600 cash from State Bank 6. Paid $4 300 ch for salary expense. 7. Sold land for 58,600 cash B. Paid $3,300 cash on the loan from State Bank 9 Paid $4,500 cash for utslities expense. 10 Paid a cash dividend of $1300 to the stockholders. Dotorences Required a. Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities 0A), financing activities (FA), or not applicable (NA) Event Classification 1 2. CA 3 INA 4 FA 5 FA 5 TOA 7 LA 8 FA 9 TOA assignment 1 Saved Help 1 snouia de indicated with a minus sign.) ALL STAR AUTOMOTIVE COMPANY Sistement Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities 20 Doints eBook References $ 0 Net cash flow from operating activities Cash flows from investing activities Net cash flow from investing activities Cash flows from financing activities Net cash flow from financing activities Ending cash balance Mc GEW HIM Prev 1 of 5 !!! Next > 7 tv aved Help 1 5 6. 7 FA LA FA , IFA 8 9. 10 Book rences b. Prepare a statement of cash flows. Assume All-Star Automotive had a beginning cash balance of $9,300. (Amounts to be deducted should be indicated with a minus sign.) ALL-STAR AUTOMOTIVE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: $ 0 Net cash flow from operating activities Cash flows from investing activities: Prev 1 of 5 !!! Next > atv