Textbook Problem

Statement of cash flows

A summary of cash flows for Parker Consulting Group for the year ended January 31, 20Y4, follows:

Cash receipts:
Cash received from customers	$1,200,000
Cash received from issuing common stock	90,000
Cash payments:
Cash paid for operating expenses	800,000
Cash paid for land
300,000
Cash paid for dividends	36,000

The cash balance as of February 1, 20Y3, was $66,000.

Prepare a statement of cash flows for Parker Consulting Group for the year ended January 31, 20Y4.