A summary of cash flows for Pickerel Consulting Group for the year ended March 31, 2010, is shown below.
Cash receipts:
Cash received from customers . . . . . . . . . . . . . . . . . . . . . $239,100
Cash received from additional investment of owner . . . . . . 50,000
Cash payments:
Cash paid for operating expenses . . . . . . . . . . . . . . . . . . . 162,900
Cash paid for land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75,000
Cash paid to owner for personal use . . . . . . . . . . . . . . . . . 10,000
The cash balance as of April 1, 2009, was $30,800.
Prepare a statement of cash flows for Pickerel Consulting Group for the year ended March 31, 2010.