3. What is the firm's total change in cash from the prior year to the current year?

Category	Prior Year	Current Year
Accounts payable	3,197	5,997
Accounts receivable	6,946	9,011
Accruals	5,644	6,147
Additional paid in capital	20,000	13,962
Cash	?	?
Common Stock	2,850	2,850
COGS	22,343	18,297
Current portion long-term debt	500	500
Depreciation expense	1,041	994
Interest expense	1,266	1,124
Inventories	3,007	6,667
Long-term debt	16,817	22,453
Net fixed assets	75,641	74,188
Notes payable	4,051	6,586
Operating expenses (excl. depr.)	19,950	20,000
Retained earnings	35,211	34,385
Sales	46,360	45,969
Taxes	350	920

^^^ Use as an example of how to solve please

Answer is 338

Net Cash flow from operating activities Net Cash flow from investing activities Net Cash flow from financing activities Net change (INCREASE) in cash bal. during the year $2,378 [Ref: Workings) [Ref: Part-1] $875 [Ref: Part-1] $3,152 (Ref: Part-21 $101 [$2378 + $875 - $3152] Workings: Current Yr $45,585 Sales Less: COGS -$18,524 Depreciation Expense Interest Expense Operating Expenses (excl. dep.) Current portion of LTD Taxes Net Income $1,011 $1,121 $20,000 $0 [$500 - $500) $920 $4,009 Cash Flow from Operating Activities: Net Income (Current Year) $4,009 [As calculated above] Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Expense $1,011 [Non-cash expense and so added back] Increase in Accounts Payable $2,854 [$5,996 - $3,142 --> It decreases working capital and so added] Increase in Accounts Receivable $2,228 [$9,097 - $6,869 --> It increases working capital and so deducted] Increase in Accruals $439 $6,039 - $5,600 --> It decreases working capital and so added] Increase in Inventories $3,707 [$6,729 - $3,022 --> It increases working capital and so deducted] Net Cash flow from operating activities $2,378