2018 Balance Sheet (in \$ thousands) Current assets Cash and equivalents Accounts receivable Inventories Other Total current assets Fixed assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Intangible assets and others Total fixed assets Total assets Acquisition of fixed assets Sale of fixed assets New debt issued Debt retired New stock issued Stock repurchased 2019 Current liabilities Accounts payable Accrued expenses Total current liabilities Long-term liabilities Deferred taxes Long-term debt Total long-term liabilities Stockholders equity Preferred stock Common stock Capital surplus Accumulated retained earnings Less treasury stock Total equity Total liabilities and shareholders equity 2018 2019 $ \begin{tabular}{llll} & 481 & 296 \\ \hline$ & 1,063 & $ & 919 \end{tabular} \begin{tabular}{llll} $ & 5,516 & $ & 6,602 \\ \hline \hline \end{tabular} \begin{tabular}{lr} $ & 1,778 \\ $ & 514 \\ $ & 274 \\ $ & 238 \\ $ & 19 \\ $ & 79 \end{tabular} Income Statement (in \$ thousands) Sales Cost of goods sold Selling, general, and administrative Depreciation Operating income Other income EBIT Interest expense Pretax income Taxes Current Deferred Net income Dividends Retained earnings \begin{tabular}{rr} $ & 9,068 \\ & 5,347 \\ & 848 \\ & 298 \\ \hline$ & 2,575 \\ & 90 \\ \hline$ & 2,665 \\ & 164 \\ \hline$ & 2,501 \\ & 625 \end{tabular} \begin{tabular}{llr} & $ & 559 \\ & $ & 66 \\ \hline \end{tabular} \begin{tabular}{crcr} $ & 191 & $ & 257 \\ & 1,379 & & 1,415 \\ \hline$ & 1,570 & $ & 1,672 \end{tabular} \begin{tabular}{rrrr} $ & 25 & $ & 25 \\ & 151 & & 155 \\ & 934 & 949 \\ & 1,924 & & Form \\ & 151 & & 112 \\ \hline$ & 2,883 & $ & 4,011 \\ \hline & & & \\ & & & \\ $ & 5,516 & $ & 6,602 \\ \hline \hline \end{tabular} \begin{tabular}{rrrr} $ & & & \\ $ & 25 & $ & 25 \\ & 151 & & 155 \\ & 934 & & 949 \\ & 1,924 & & 3112 \\ & 151 & & Form \\ & 2,883 & $ & 4,011 \\ \hline$ & & & \\ \hline & & & \\ & $,516 & $ & 6,602 \\ \hline \hline \end{tabular} Output area: Cash flow to creditors Interest Retirement of debt Debt service Proceeds from sale of long-term debt Total Alternatively Beginning long-term debt Ending long-term debt Interest Total Cash flow to stockholders Dividends Repurchase of stock Cash to stockholders Proceeds from new stock issue Total Alternatively Beginning total equity Ending total equity Dividends Retained earnings Statement of Cash Flows Operations Net income Depreciation Deferred taxes Changes in assets and liabilities Accounts receivable Inventories Accounts payable Accrued expenses Other Total cash flow from operations Investing activties Acquisition of fixed assets Sale of fixed assets Total cash flow from investing activities Financing activties Retirement of debt Proceeds from long-term debt Dividends Repurchase of stock Proceeds from new stock issues Total cash flow from financing activities Change in cash (on balance sheet)