Outback Outfitters, Inc., accountants have developed the following data from the flows-direct method company's accounting records for the year ended July 31, 19X9:

\((O b j .2,3)\)

a. Salary expense, \(\$ 105,300\)

b. Cash payments to purchase plant assets, \(\$ 181,000\)

c. Proceeds from issuance of short-term debt, \(\$ 44,100\)

d. Payments of long-term debt, \(\$ 18,800\)

e. Proceeds from sale of plant assets, \(\$ 59,700\), including \(\$ 10,600\) gain

f. Interest revenue, \(\$ 12,100\)

g. Cash receipt of dividend revenue on stock investments, \(\$ 2,700\)

h. Payments to suppliers, \(\$ 673,300\)

i. Interest expense and payments, \(\$ 37,800\)

j. Cost of goods sold, \(\$ 481,100\)

k. Collection of interest revenue, \(\$ 11,700\)

1. Acquisition of equipment by issuing short-term note payable, \(\$ 35,500\)

m. Payments of salaries, \(\$ 104,000\)

n. Credit sales, \(\$ 608,100\)

o. Loan to another company, \(\$ 35,000\)

p. Income tax expense and payments, \(\$ 56,400\)

q. Depreciation expense, \(\$ 27,700\)

r. Collections on accounts receivable, \(\$ 673,100\)

s. Loan collections, \(\$ 74,400\)

t. Proceeds from sale of investments, \(\$ 34,700\), including \(\$ 3,800\) loss u. Payment of long-term debt by issuing preferred stock, \(\$ 107,300\)

v. Amortization expense, \(\$ 23,900\)
w. Cash sales, \(\$ 146,000\)
x. Proceeds from issuance of common stock, \(\$ 116,900\)
y. Payment of cash dividends, \(\$ 50,500\)
z. Cash balance: July \(31,19 \mathrm{X} 8-\$ 53,800\)
\[ \text { July } 31,19 \times 9-\$ ? \]
\section*{Required}
Prepare Outback's statement of cash flows for the year ended July 31, 19X9. Follow the format of Exhibit 18-2, but do not show amounts in thousands. Include an accompanying schedule of noncash investing and financing activities. Evaluate 19X9 in terms of cash flow. Give your reasons.