2018 Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Current liabilities Cash $ 34,385 $ 37,837 Accounts payable $ 36,722 Accounts receivable 17,801 27766 Notes payable 19,008 Inventory 36,310 42,632 Other 19,864 Total $ 88,496 $108,235 Total $ 75,594 Long-term debt $115,000 $ 42,582 16,200 24,634 $ 83,416 $ 145,000 $ 55,000 $ 55,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 307,217 344,452 Total $362.217 $399,452 Net plant and equipment $464.315 $ 519,633 $552,811 $627,868 Total assets Total liabilities and owners' equity $ 552,811 $627,868 SMOLIRA GOLF CORP. 2018 Income Statement 0506 454 eBook SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $506,454 359,328 44,463 Ask Earnings before interest and taxes Interest paid $ 102,663 19,683 Print Taxable income Taxes (25%) $ 82,980 20,745 eferences Net income $ 62,235 Dividends Retained earnings $25,000 37,235 Prepare the 2018 statement of cash flows for Smolira Go Prepare the 2018 statement of cash flows for Smolira Golf Corp. (A negative answer should be indicated by a minus sign.) 2. points 8 01:40:59 SMOLIRA GOLF CORP Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities eBook Ask Print $ 101.041 Net cash from operating activities Investment activities References $ -99.781 Net cash from investment activities Financing activities $ 2.192 Net cash from financing activities Cash, end of year