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(2003) (2004) $12,597 Cash $8,173 27,559 3,267 Property and Equipment 64,778 4,900 4,200 4,752 50,000 20,000 2,315 3,750 3,250 3,103 6,965 5,871 1,636 4,798 Inventory

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(2003) (2004) $12,597 Cash $8,173 27,559 3,267 Property and Equipment 64,778 4,900 4,200 4,752 50,000 20,000 2,315 3,750 3,250 3,103 6,965 5,871 1,636 4,798 Inventory Notes payable Long-term debt Account Receivables Other Current Assets Other Current Liabilities Other Fixed Assets Account Payable Cost of Goods Sold Sales Depreciation Other expenses Interest expenses Dividends 375 15 256,500 302,503 4,321 237,800 339,490 5.775 10,000 5,000 19,000 5,700 4,980 17,500 (Note: Tax Rate is 27%) Calculate the cash flow from assets for 2004

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