To prepare the statement of cash flows, accountants for E-Mobile, Inc., have summarized 2012 activity in the Cash account as follows: Cash ------------------------------------------------------------------------------------------------------------------------------------------------------------ Beginning balance 87,200 Payments of operating expenses 46,800 Issuance of common stock 60,200 Payments of salaries and wages 64,500 Receipts of interest revenue 16,100 Payment of note payable 79,000 Collections from customers 308,400 Payment of income tax 7,500 Payments of accounts payable 101,600 Payments of dividends 1,400 Payment of interest 21,700 Purchase of equipment 49,500 Ending Balance 99,900 Required: Prepare E-Mobile Solution Statement of Cash Flows Cash flows from operating activities Receipts of interest revenue 16,100 Collections from customers 308,400 Cash Payment of salaries and wages -64,500 Cash Payment of note payable -79,000 Cash Payment of income tax -7,500 Cash Payment of accounts payable -101,600 Cash Payment of interest -21,700 Cash Payment of operating expenses -46,800 Net cash from operating activities 3,400 Cash flows from investing activities Purchase of equipment -49,500 Net cash used in investing activities -49,500 Cash flows from financing activities Proceeds from issuance of common stock 60,200 Payments of dividends -1,400 Net cash from financing activities 58,800 Net increase in cash and cash equivalents 12,700 Cash and cash equivalents at beginning of period 87,200 Cash and cash equivalents at end of period $99,900 .