a summary of cash flows for sentinel travel service for the year ended august 31 201 539318

Statement of cash flows

A summary of cash flows for Sentinel Travel Service for the year ended August 31, 2014, is shown below.

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Cash receipts:

Cash received from customers

$734,000

Cash received from issuing

36,000

Cash payments:

Cash paid for operating expenses

745,600

Cash paid for land

50,000

Cash paid for dividends

18,000

Prepare a statement of cash flows for Sentinel Travel Service for the year ended August 31, 2014.

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