This information is for Heartland Company for the year ended December 31, 2011.
Cash received from revenues from customers ......................$600,000
Cash received for issuance of common stock ....................... 350,000
Cash paid for new equipment ......................................... 100,000
Cash dividends paid .................................................... 20,000
Cash paid for expenses ................................................. 410,000
Cash balance 1/1/11 ..................................................... 30,000
Instructions
Prepare the 2011 statement of cash flows for Heartland Company.