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3) Allen Products has the following cash flow statement for for December 31, 2018. Using the pro forma income statement and balance sheet your produced,

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3) Allen Products has the following cash flow statement for for December 31, 2018. Using the pro forma income statement and balance sheet your produced, complete a pro forma cash flow statement as well. (25 points) 40 41 Calculation Statement of Cash Flows - Pro Forma Allen Products Inc. 12/31/2018 Pro Forma 2019 81 1,000 1,000 1,000 3,081 47 42 43 Operating Activities 44 Net Profit 45 Depreciation Change in A/P Change in Accruals 48 Cash Flows from Operations: 49 50 Investing Activities 51 Increase in Fixed Assets 52 Cash Flows from Investing: 53 54 Financing Activities 55 Increase in Line of Credit 56 Cash Flows from Financing: (11,000) (11,000) 57 58 Increase (Decrease) in Cash 59 Beginning Cash 60 Ending Cash: 61 (7,919) 12,919 5,000 3) Allen Products has the following cash flow statement for for December 31, 2018. Using the pro forma income statement and balance sheet your produced, complete a pro forma cash flow statement as well. (25 points) 40 41 Calculation Statement of Cash Flows - Pro Forma Allen Products Inc. 12/31/2018 Pro Forma 2019 81 1,000 1,000 1,000 3,081 47 42 43 Operating Activities 44 Net Profit 45 Depreciation Change in A/P Change in Accruals 48 Cash Flows from Operations: 49 50 Investing Activities 51 Increase in Fixed Assets 52 Cash Flows from Investing: 53 54 Financing Activities 55 Increase in Line of Credit 56 Cash Flows from Financing: (11,000) (11,000) 57 58 Increase (Decrease) in Cash 59 Beginning Cash 60 Ending Cash: 61 (7,919) 12,919 5,000

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