Sharp Screen Films, Incorporated, is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarizec as follows: a. Bought equipment for cash, $60,750. b. Paid $16,100 on the long-term note payable. c. Issued new shares of stock for $36,900 cash. d. Dividends of $850 were declared and paid. e. Other expenses all relate to wages. f. Accounts payable includes only inventory purchases made on credit. SHARP SCREEN FILMS, INCORPORATED Statement of Cash Flows For the Year Ended December 31, Current Year Cash flows from operating activities: \begin{tabular}{|l|l|} \hline & Cash flows from operating activities: \\ \hline Cash flows from investing activities: & \\ \hline Cash flows from financing activities: & \\ \hline & \\ \hline \end{tabular} Prev 5 of 5 Next