Pueblo Contractors, Inc., accountants have developed the following data from the company's accounting records for the year ended April 30, 19X5:

a. Credit sales, \(\$ 583,900\)

b. Loan to another company, \(\$ 12,500\)

c. Cash payments to acquire plant assets, \(\$ 59,400\)

d. Cost of goods sold, \(\$ 382,600\)

e. Proceeds from issuance of common stock, \(\$ 8,000\)

f. Payment of cash dividends, \(\$ 48,400\)

g. Collection of interest, \(\$ 4,400\)

h. Acquisition of equipment by issuing short-term note payable, \(\$ 16,400\)

i. Payments of salaries, \(\$ 93,600\)

j. Proceeds from sale of plant assets, \(\$ 22,400\), including \(\$ 6,800\) loss k. Collections on accounts receivable, \(\$ 462,600\)

1. Interest revenue, \(\$ 3,800\)

m. Cash receipt of dividend revenue on stock investments, \(\$ 4,100\)

n. Payments to suppliers, \(\$ 368,500\)

o. Cash sales, \(\$ 171,900\)

p. Depreciation expense, \(\$ 59,900\)

q. Proceeds from issuance of short-term debt, \(\$ 19,600\)

r. Payments of long-term debt, \(\$ 50,000\)

s. Interest expense and payments, \(\$ 13,300\)

t. Salary expense, \(\$ 95,300\)

u. Loan collections, \(\$ 12,800\)

v. Proceeds from sale of investments, \(\$ 9,100\), including \(\$ 2,000\) gain w. Payment of short-term note payable by issuing long-term note payable, \(\$ 63,000\)

x. Amortization expense, \(\$ 2,900\)

y. Income tax expense and payments, \(\$ 37,900\)

z. Cash balance: April 30, 19X4— \(\$ 39,300\)

April 30, 19X5-\$?

\section*{Required}

Prepare Pueblo's statement of cash flows for the year ended April 30, 19X5. 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 19X5 from a cash-flow standpoint. Give your reasons.