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Inglis City had a beginning cash and cash equivalents balance In its internal service fund of $895,665. During the current year, the following transactions occurred: 1 Interest recelved on investments totaled $42,460. 2. The city acquired additional equity Investments totaling $75,060. 3. A grant was recelved from the state in the amount of $50,000 for summer interns. 4. Recelpts from sales of goods or services totaled $2,915,520. 5. Payments for supplies were made in the amount of $1,642,180. 6. Payments to employees for salaries amounted to $479,330. 7. Equipment was sold for $57,500. It had a book value of $56,705. B. A $25,000 transfer was made to the General Fund. 9. Other cash expenses for operations were $89,200. 0. Long-term debt payments for captal acquisitions totaled $525,020. Required Prepare a statement of cash tlows for the Inglis City Internal service fund. (Ignore the reconcillation of operating Income to net cash provided by operating activities because Insufficient information is provided to complete the reconcillation.) Negative amounts should be indicated by a minus sign.) Internal Service Fund Cash Flows from Operating Activities: Cash Received from Customers Cash Paid To: Net Cash Provided Cash Flows from Noncapital F Net Cash Provided by Noncapital Financing Activities Cash Flows from Capital Financing Activities: Net Cash Used by Capital Financing Activities Cash Flows from Net Cash Provided b Net Increase in Cash and Cash Equivalents Cash and Cash Cash and Cash Equivalents, Ending valents

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