$1.$ Consider the following summary of Summer Breeze Corporations financial statements.Summer Breeze Corporation Balance SheetsDecember $31,2015$ and $2014$Assets$20152014$Cash$ $2,000$$ $1,500$Marketable securities$2,4001,800$Account receivable$2,2002,000$Inventories$3,0002,900$Total current assets$9,6008,200$Gross fixed assets$30,90029,500$Less: Accumulated depreciation$16,30014,700$Net fixed assets$14,60014,800$Total assets$24,20023,000$Liabilities and stockholders equityAccount payable$1,7001,600$Note payable$3,4002,800$Accruals$100200$Total current liabilities$5,2004,600$Long term debt$5,0005,000$Total liabilities$10,2009,600$Common stock$10,00010,000$Retained earnings$4,0003,400$Total stockholders equity$14,00013,400$Total liabilities and equity$24,20023,000$Summer Breeze Corporation Income Statement Data $(2015)$Depreciation expense $ $1,800$Earning before interest and taxes $($EBIT$)2,900$Interest expenses $397$Net profit after taxes $1,600$Tax rate $40\%$QuestionPrepare cash flow statement for the year ended $31$ December $2015$