18 in thousands of dots 2018 2017 $94824 400 $5MS 461 Net sales Les Cost of goods sold Gross profes Les Other operating expenses Earrings before interest, depreciation and more on ETDA Less Depreciation Earnings before west and exe) Les merest Earnings before $456 $400 64 $4257 59 53 $53954 142 Net income 1 81 Didends Prepare moment of cash flows for MED Corporation Enter your answers in thousands Amounts to be deducted should be indicated with a mi Cashow from Operating AS Cash flow from insting Activities Cato trom Francing Activities S Change in Chandable souties Problem 2-9b Statement of Cash Flows 2018 2017 $ Use the balance sheet and income statement below: MED CORPORATION Balance Sheet as of December 31, 2018 and 2017 in thousands of dollars) Assets 2018 2017 Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities 83 $ 82 Accrued wages and taxes Accounts receivable 202 192 Accounts payable Inventory 326 302 Notes payable Total $ 611 $ 576 Total Fixed assets: Long-term debt Gross plant and equipment $ 1106 $ 904 Less: Accumulated depreciation 168 124 Stockholders' equity Net plant and equipment $ 938 $ 780 Common stock Other long-term assets 156 156 Retained earnings Total $ 1094 $ 936 Total Total assets $ 1705 $ 1.512 Total liabilities and equity 52 152 68 $ 167 142 377 $ 610 $ 142 $ 5 346 578 126 126 592 462 $ 718 $ 588 $ 1705 $ 1,512 Income Statement for Years Ending December 31, 2018 and 2017 (in thousands of dollars) Net sales Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before Interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes 2018 2017 $ 914 $ 824 400 363 $ 514 $ 461 58 52 $ 456 $ 409 44 42 $ 412 $ 367 59 53 $ 353 $ 314 142 122 $ 211 $ 192 Net Income 81 Dividends Prepare a statement of cash flows for MED Corporation (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) Cash flow from Operating Activities $ Cash flow from Investing Activities Cash flow from Financing Activities $ Net Change in Cash and marketable securities $