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2. (40 pts) The PDA Products Company was started in 2013. A difficult operating year, 2014, was followed by a profitable 2015. Its income statements

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2. (40 pts) The PDA Products Company was started in 2013. A difficult operating year, 2014, was followed by a profitable 2015. Its income statements and balance sheets are shown as below. A. ( 20pts) Prepare a statement of cash flows of 2015. B. (20 pts) Estimate EBDAT breakeven in terms of survival revenues for 2015 if interest expenses had remained at the 2014 level ($45,000) in 2015 2. (40 pts) The PDA Products Company was started in 2013. A difficult operating year, 2014, was followed by a profitable 2015. Its income statements and balance sheets are shown as below. A. ( 20pts) Prepare a statement of cash flows of 2015. B. (20 pts) Estimate EBDAT breakeven in terms of survival revenues for 2015 if interest expenses had remained at the 2014 level ($45,000) in 2015

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