Answer:
Thomas Corporation
Statement of Cash Flows for the year ended December 31, 2015:
Operating Activities:
Receipts from customers                       $9,367,600 
Receipts from dividends                           3,278,660
Payments for inventory                            (2,482,414)
Payments for wages                                    (861,819)
Payments for rent                                      (496,483)
Payments for interest                                (337,234)
Payments for taxes                                   (702,570)
Net cash from operations                     $7,765,740
Investing Activities:
Receipts from land sale                       $3,466,012 
Receipts from machinery sale                1,105,377 
Payments for machinery                       (3,494,115)
Payments for long-term investments (3,531,585)
Net cash from investments               ($2,454,311)
Financing Activities:
Receipts from issuing stock              $2,407,473 
Receipts from borrowing                     4,056,171
Payments for note payable                 (599,526)
Payments for dividends                         (777,511)
Payments for treasury stock               (337,234)
Net cash from financing                  $4,749,373
Net cash flows                               $10,060,802
Explanation:
a) Data and Calculations:
Cash
Balance, Dec. 31, 2014              $212,900
Receipts from customers     $9,367,600 
Receipts from dividends         3,278,660 
Receipts from land sale           3,466,012 
Receipts from machinery sale 1,105,377 
Receipts from issuing stock   2,407,473 
Receipts from borrowing        4,056,171 
Total receipts                     $23,681,293
Payments for inventory                      $2,482,414
Payments for wages                                861,819
Payments for rent                                   496,483
Payments for interest                             337,234
Payments for taxes                                702,570
Payments for machinery                      3,494,115
Payments for long-term investments 3,531,585
Payments for note payable                  599,526
Payments for dividends                          777,511
Payments for treasury stock                337,234
Total payment                                $13,620,491
Balance, Dec. 31, 2015 $10,273,702 ($212,900 + 23,681,293 - 13,620,491)
Classification of receipts and payments:
Operating Activities
Receipts from customers                       $9,367,600 
Receipts from dividends                           3,278,660
Payments for inventory                            (2,482,414)
Payments for wages                                    (861,819)
Payments for rent                                      (496,483)
Payments for interest                                (337,234)
Payments for taxes                                   (702,570)
Net cash from operations                     $7,765,740
Investing Activities
Receipts from land sale                       $3,466,012 
Receipts from machinery sale                1,105,377 
Payments for machinery                       (3,494,115)
Payments for long-term investments (3,531,585)
Net cash from investments               ($2,454,311)
Financing Activities
Receipts from issuing stock              $2,407,473 
Receipts from borrowing                     4,056,171
Payments for note payable                 (599,526)
Payments for dividends                         (777,511)
Payments for treasury stock               (337,234)
Net cash from financing                  $4,749,373
Net cash flows                               $10,060,802
Cash Reconciliation:
Beginning Cash Balance $212,900
Net cash flows              10,060,802
Ending Cash balance $10,273,702