Postclosing trial balance data and other financial data for The KatieB Company as of December 31, 2019 and 2018, follow.

INSTRUCTIONS
Prepare a statement of cash flows for 2019. Additional information for the year follows:
a. Sold common stock for $50,000 in cash.
b. Had net income of $75,000 after income taxes.
c. Sold bonds payable for $50,000 cash at par value.
d. Completed a major addition to the building for $100,000 in cash.
e. Bought additional land for $35,000 in cash.
f. Paid common stock dividends of $25,000 in cash.
g. Amortized intangible assets for $500.
h. The short-term note payable resulted from operating activities, not borrowing or financing activities.

Analyze: Were activities related to operations, investing, or financing responsible for the largest net inflow of cash?

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The KatleB Company Postclosing Trlal Balance December 31, 2019 and 2018 2018 2019 Account Name Credit Debit Deblt Credit 8820000 9 150000 6 275000 270000 7 5 00 00 0 2150000 0 85 40000 8 600000 6 6 4 5000 210000 4 00000 0 11 50000 0 Cash Accounts Receivable (Net) Merchandise Inventory Prepaid Expenses Land Plant and Equipment Accumulated Depreciation-Plant and Equipment 185000 0 1 15000 0 610000 Intangible Assets Notes Payable-Short Term 5 60000 1 000000 3 175000 25000 0 300000 13500000이 600000 251기5|010 01 27000 0 15000 0 12910101010 이 5 00000 0 100001010 이 2073000 0 5 4 07500 0 Accounts Payable Payroll Taxes Payable Income Taxes Payable Mortgage Payable, 2026 7% Bonds Payable, 2021 Common Stock $1 par Retained Earnings 5 이0000 0이 1573000o 401105|010 이 5 4 075000 40 105000 Totals