All-Star Automotive Company experienced the following accounting events during Year 3: a. Performed services for 25,000 cash. b. Purchased land for 6,000 cash. c. Hired an accountant to keep the books. d. Received 50,000 cash from the issue of common stock. c. Borrowed 5,000 cash from State Bank. d. Paid 14,000 cash for salary expense. e. Sold land for 9,000 cash. f. Paid 10,000 cash on the loan from State Bank. g. Paid 2,800 cash for utilities expense. h. Paid a cash dividend of 5,000 to the stockholders. Required: Prepare a statement of cash flows for 2018. Assume All-Star Automotive Company had a beginning cash balance of 9,000 on Year 3.