Maria Sanchez, an accountant by trade, moonlights as a personal trainer. Maria is curious about her cash inflows and outflows
from her personal work for the month of February. Using the following information, prepare a statement of cash flows for
Maria.
Cash for Supplies Inventory $500
Cash for Advertising $400
Cash Paid for Equipment $900
Cash Received from Bank Loan $1,000
Cash Paid for Insurance $700
Cash Received from Customers $2,200
Cash Paid for Taxes $400
Cash Balance, 2/1 $500
