Proceeds from sponsorloan$200,000 Net cash provided byfinancing activities$200,000 Net increase in cash-$14,882 Canceled cashflow$200,000 Related party payable$344,661 Net income$240,456 Net cash used inoperating activities-$214,882 Canceled cashflow$585,117 Income earned onmarketable securities held...$785,555 Prepaid expenses$14,445