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Exercise 2.11 (Algo) Statement of Cash Flows (LO2-6) During the month of October. current year. Weller Company had the following transactions. e. Revenues of $11.000 were earned and received in cash. b. Bank loans of $4.000 were paid off. c. Equipment of $3.800 was purchased for cash. d. Expenses of $6,400 were paid. e. Additional shares of capital stock were sold for $8.100 cash. Assuming that the cash balance at the beginning of the month was $13.000. prepare a statement of cash flows that displays operating. investing, and financing activities and that reconciles the beginning and ending cash balances. (Llst any deduction In cash and cash outflows as negative amounts.) WELLER COMPANY Statement of Cash Flows For the Month Ended October 31, Current Year Cash flows from operating activities: Cash received from revenues $ 11.000 Cash paid for expenses (6.400) S 4.800 Net cash provided by operating activities Cash flows from investing activities: Cash paid for equipment S (3.800) $ (3.800) Net cash used in investing activities Cash flows from financing activities: Cash received from sale of capital stock Cash used to repay bank loans s 8.100 (4.000) $ $ Increase in cash Cash balance, October 1. Current Year Cash balance, October 31, Current Year 4.100 4.900 13.000 17.900 $