1. Use the information provided to prepare the Cash Flow Statement using the Direct Method. Find out the following;

1. Net cash (Outflow)/Inflow From Operating Activities. 2. Net Cash (Outflow)/Inflow From Investing Activities. 3. Net Cash (Outflow)/Inflow From Financing Activities. 4. Net change in cash and cash equivalents.

note: please provide solution/formula for better understanding. Thankyou.

13 14 Assets 15 Fixed Assets 2018 201,000 10,000 150,000 2017 237,000 30,000 150,000 16 Land 17 18 Building Accumulated depreciation on buildings Equipment -40,000 - 20,000 19 101,000 89,000 20 Accumulated depreciation on equipment Current Assets 21 - 12,000 56,200 22,000 22 Bank - 20,000 134,200 44,000 26,000 60,000 4,200 23 28,000 24 25 6,200 26 ? ? Account Receivable Inventories (Stock on hand) Prepaid expenses Total Assets Equity and Liabilities Shareholder's Equity Ordinary share Retain income 27 28 202,200 123,200 29 170,000 100,000 30 32,200 23,200 140,000 31 Non-current liabilities 100,000 32 140,000 33 Loan payable Current Liabilities Accounts payable Total Equity and Liabilites 100,000 33,000 33,000 30,000 30,000 34 35 ? ? 36 37 38 800,000 39 475,000 40 220,000 41 Income Statement 2018 Revenue/Sales Cost of good sold Operating expenses Indirect expenses Loss on sales of equipment Income from operation Income tax expenses Net income 8,000 42 2,000 95,000 43 44 38,000 45 57,000 46 47 Additional information: a. Operating expenses include depreciation expense of Php 34,000 and amortization of pre-paid expenses of Php 2,000. 48 49 b. Land was sold at its nook value of cash c. Cash dividend of Php 48,000 was paid in 2018. 50 d. Interest expenses of Php 8,000 was paid in cash. 51 e. Equipment with a cost of Php 36,000 was purchased for cash. Equipment with a cost of Php 24,000 and a book value of Php 18,000 was sold for Php 16,000 for cash f. Loans were redeemed at their book value for cash 52 53 54 g. Ordinary shares were issued for cash. 55 56 2. In reference to the problem number 1, compute the Company's Balance sheet using horizontal analysis. 3. In reference to the problem number 1, compute the ABC's Company's Balance sheet using vertical analysis 57 58 59 60 61 62