Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts. Then enter the account balances and calculate ending balances. Enter decreases in cash with a minus sign or parentheses.

Cash flows from Receipts: Payments: Net cash provided (used) by Cash flows from Net cash provided (used) by Cash flows from Cash balance, December 1, 2016 is $18,200 Transactions Net cash provided (used) by Net increase (decrease) in cash Cash balance, December 1, 2016 Dec. Cash balance, December 31, 2016 1 7 14 17 23 26 Common stock was issued to stockholders for $7,900 cash. Purchased equipment for $1,700 on account. Paid $20,100 cash for land. Paid cash expenses: office rent, $1,400; employees' salaries, $1,200; utilities, $300. Paid cash dividends of $2,500. Earned service revenue for the month, $4,800, receiving cash.