Cash Received from:Customers $380000Interest on note receivable 6000Principal on

Cash Received from:Customers $380000Interest on note receivable 6000Principal on note receivable 50000Sale of investments 30000Proceeds from note payable 100000Cash Paid for:Purchase of inventory 160000Interest on note payable 5000Purchase of equipment 85000Salaries to employees 90000Principal on note payable 25000Payment of dividends to shareholders 20000The balance of cash and cash equivalents at the beginning of 2011 was $17000.Required:Prepare a statement of cash flows for 2011 for Bluebonnet Bakers. Use the direct method for reporting operating activities.