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7 The following summary transactions occurred during 2018 for Bluebonnet Bakers: 10 Cash Received from: $388,0ee 6,eee Customers Interest on note receivable Principal on note receivable5,ee Sale of investments Proceeds from note payable 180,eee Print 3e,8ee Cash Paid for: Purchase of inventory Interest on note payable Purchase of equipment Salaries to employees Principal on note payable Payment of dividends to shareholders 166,0e8 5,000 85,800 90,000 25,000 20,000 The balance of cash and cash equivalents at the beginning of 2018 was $17,000. Required: Prepare a statement of cash flows for 2018 for Bluebonnet Bakers. Use the direct method for reporting operating activities. (Amounts to be deducted should be indicated with a minus sign.) BLUEBONNET BAKERS Statement of Cash Flows For the Year Ended D 31. 2018