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 balance, December 1, 2016 is $18,100
Transactions
Dec.	1	Common stock was issued to stockholders for $8,000 cash.
	7	Purchased equipment for $1,800 on account.
	14	Paid $19,900 cash for land.
	17	Paid cash expenses: office rent, $1,400; employees' salaries, $1,200; utilities, $400.
	23	Paid cash dividends of $2,600.
	26	Earned service revenue for the month, $4,800, receiving cash.

Adjusted Trial BalanceBalance SheetDecember 31, 2016Income StatementMonth Ended December 31, 2016SMART BOOKS LEARNINGSMART TOUCH LEARNINGStatement of Cash FlowsStatement of Retained EarningsUnadjusted Trial Balancecorrect
Adjusted Trial BalanceBalance SheetDecember 31, 2016Income StatementMonth Ended December 31, 2016SMART BOOKS LEARNINGSMART TOUCH LEARNINGStatement of Cash FlowsStatement of Retained EarningsUnadjusted Trial Balancecorrect
Adjusted Trial BalanceBalance SheetDecember 31, 2016Income StatementMonth Ended December 31, 2016SMART BOOKS LEARNINGSMART TOUCH LEARNINGStatement of Cash FlowsStatement of Retained EarningsUnadjusted Trial Balancecorrect
Cash flows from	financing activitiesinvesting activitiesoperating activitiescorrect
Receipts:
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect			incorrect
Payments:
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect		incorrect
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect		incorrect
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect		incorrect	incorrect
Net cash provided (used) by	financing activitiesinvesting activitiesoperating activitiescorrect		incorrect
Cash flows from	financing activitiesinvesting activitiesoperating activitiescorrect
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect		incorrect
Net cash provided (used) by	financing activitiesinvesting activitiesoperating activitiescorrect		incorrect
Cash flows from	financing activitiesinvesting activitiesoperating activitiescorrect
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect		incorrect
Acquisition of landCollections from customersFor rentFor salariesFor utilitiesIssuance of common stockPayment of cash dividendscorrect		incorrect
Net cash provided (used) by	financing activitiesinvesting activitiesoperating activitiescorrect		incorrect
Net increase (decrease) in cash			incorrect
Cash balance, December 1, 2016			incorrect
Cash balance, December 31, 2016