Answer:
11,360
Explanation:
Ebony Ernst Statement of Cash Flow
Cash flow from operating activities:
Payment towards expenses :
Payment of salary 1,750
Payment of rent 3,550
Payment of telephone expense 760
Payment of misc.expense 580
Total of Cash flow from operating activities 6640
(1750+3550+760+580)
Cash flow from Investing activities:
Purchase of office equipment (18,000)
Cash flow from financing activities:
Cash from common stock 38,000
Cash paid (2,000)
Cash flow from financing activities (38,000-2,000) 36,000
Net cash flow during the year (18,000-6,640)11,360
Beginning balance 0
Year end cash balance 11,360
