Statement of Cash Flows Required: Designate where each of the following events would be
presented on the Statement of Cash Flows (Operating, Non-Capital Finance, Capital Finance,
and Investing) and then prepare the statement in proper form. Background: Hulk County has a
beginning cash balance in its transportation enterprise fund of $895,635. During 2022 , the
following transactions occurred: 1. Interest received on investments totaled $42,400. 2. The city
acquired additional equity investments totaling $75,000. 3. A grant was received from the state
in the amount of $50,000 to provide wages for summer interns 4. Receipts from sales of goods or
services totaled $2,915,500. 5. Payments for supplies were made in the amount of $1,642,100. 6.
Payments to employees for salaries amounted to $479,300. 7. Equipment was sold for $57,500. It
had a book value of $56,625. 8. $25,000 was transferred to the General Fund to finance a
shortage in police officers' salaries. 9. Other cash expenses for operations were $89,200. 10.
Long-term debt payments (incurred to purchase capital assets) totaled $525,000.
Statement of Cash Flows Required Designate where each of the followi.pdf
1. Statement of Cash Flows Required: Designate where each of the following events would be
presented on the Statement of Cash Flows (Operating, Non-Capital Finance, Capital Finance,
and Investing) and then prepare the statement in proper form. Background: Hulk County has a
beginning cash balance in its transportation enterprise fund of $895,635. During 2022 , the
following transactions occurred: 1. Interest received on investments totaled $42,400. 2. The city
acquired additional equity investments totaling $75,000. 3. A grant was received from the state
in the amount of $50,000 to provide wages for summer interns 4. Receipts from sales of goods or
services totaled $2,915,500. 5. Payments for supplies were made in the amount of $1,642,100. 6.
Payments to employees for salaries amounted to $479,300. 7. Equipment was sold for $57,500. It
had a book value of $56,625. 8. $25,000 was transferred to the General Fund to finance a
shortage in police officers' salaries. 9. Other cash expenses for operations were $89,200. 10.
Long-term debt payments (incurred to purchase capital assets) totaled $525,000
