Following information are related with Internal Service Fund of City of Jeddah. You are required to prepare a Statement

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Following information are related with Internal Service Fund of
City of Jeddah. You are required to prepare a Statement of Cash
Flows for the year ended December 31, 2018.
Amount ($)
Operating income
68,400
Increase in Inventories
27,200
Interest received
800
Acquisition of Capital Assets
2,800
Payment to Suppliers
32,000
Depreciation expense
29,600
Payments for Rent
21,200
Increase in Accounts Payable
54,400
Receipts from Customers
378,400
Payment to Employees
200,000
Cash balance at the beginning of the year
584,800