O Statement of Cash Flows A summary of cash flows for

Last updated: 6/23/2023

O Statement of Cash Flows A summary of cash flows for Macarthur Travel Service for the year ended March 31 20Y6 is shown below Cash receipts Cash received from customers 298 550 Cash received from issuing common stock 23 900 Cash payments Cash paid for operating expenses Cash paid for land Cash paid for dividends The cash balance as of April 1 20Y5 was 98 350 Prepare a statement of cash flows for Macarthur Travel Service for the year ended March 31 20Y6 Use the minus sign to indicate cash outflows cash payments and decreases in cash Macarthur Travel Service Statement of Cash Flows For the Year Ended March 31 20Y6 Cash flows from used for operating activities Cash received from customers 241 830 58 400 3 800 Cash paid for operating expenses Net cash flows from operating activities Cash flows from used for investing activities Cash paid for purchase of land YV Cash flows from used for financing activities Cash received from issuing common stock Cash paid for dividends Net cash flows from financing activities Net increase in cash Cash balance April 1 20Y5 Cash balance March 31 20Y6 Feedback Check My Work 298 550 143 480 x 23 900 DO 98 350 x use of cash Recall that there are three activity types of cash flows operating Investing and financing