Question: Based upon the flow information provided below for the year ending December 31, 2014, prepare a cash flow statement for Muscat City, an internal service

 Based upon the flow information provided below for the year ending

Based upon the flow information provided below for the year ending December 31, 2014, prepare a cash flow statement for Muscat City, an internal service fund. 40,000 Cash received from customers $830,000 Cash received from General Fund (noncapital loan) 20,000 Interest revenue received 1,000 Cash received from short-term note payable (not used for capital assets) Payments to employees 450,000 Payments to suppliers 250,000 Cash paid to the General Fund - noncapital loan 65,000 Payments for capital improvements 60,000 Interest paid on short-term note payable above 2,000 Principal paid on capital debt 50,000 Interest paid on capital debt 5,000 Unrestricted Cash (and cash equivalents), January 1, 2014 13,000 A mcbs.proctoring.online is sharing your screen. Stop sharing Hide

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