This information is for Heartland Company for the year ended December 31, 2011.

Cash received from revenues from customers

$600,000

Cash received for issuance of common stock

350,000

Cash paid for new equipment

100,000

Cash dividends paid

20,000

Cash paid for expenses

410,000

Cash balance 1/1/11

30,000

Instructions

Prepare the 2011 statement of cash flows for Heartland Company.