(a) For the given income statement, retained earning statement, and balance sheets, fill in the entries in the cash flow statement below.

Notes:

1. Calculate the required quantities to answer each of the blanks.
2. Express your quantities in your answer in thousands ($000).
3. Include negative sign "- in your answers if needed.

Income Statement $(000)			Retained Earnings Statement $(000)
Revenue	3750		Retained Earnings, start of year	1750
Warranty/ Bad Debt	50
Net Revenue	3700		Net Earnings for the year	500
COGS	1850		Less: Dividend Paid	125
Contribution Margin	1850
SG&A (incl depreciation)	1500		Retained Earnings, end of year	2125
Operating Income	350
Other Income	150
Net Income	500

Balance Sheet $(000)	End Last Year	End This Year
Current Assets:
Cash	125	250
Receivables	300	250
Inventory	125	175
Prepaid Expenses	25	25
	575	700
Fixed Assets:
Fixed Assets at Cost	5000	5750
Less Acc. Depreciation	1000	700
	4000	5050
Goodwill & Intangibles	0	0
Total Assets	4575	5750
Current Liabilities:
S.T. Credit Line	25	50
Accounts Payable	125	50
Accrued Expenses	25	25
Cur. Por. of L.T. Debt	125	100
	300	225
Long Term Liabilities:
Long Term Debt	1025	900
Shareholders Equity:
Capital Shares	1500	2500
Retained Earnings	1750	2125
Tot. Liab. and Eq.	4575	5750

500 1850 125 (a) For the given income statement, retained earning statement, and balance sheets, fill in the entries in the cash flow statement below. Notes: 1. Calculate the required quantities to answer each of the blanks. 2. Express your quantities in your answer in thousands ($000). 3. Include negative sign "-" in your answers if needed. Income Statement Retained Earnings Statement $(000). $(000) Revenue 3750 Retained Earnings, start of year 1750 Warranty/ Bad Debt 50 Net Revenue 3700 Net Earnings for the year COGS Less: Dividend Paid Contribution Margin 1850 SG&A (incl depreciation) 1500 Retained Earnings, end of year 2125 Operating Income 350 Other Income 150 Net Income 500 Balance Sheet $(000) End Last End This Year Year Current Assets Cash 125 250 Receivables Inventory Prepaid Expenses 25 25 575 700 Fixed Assets Fixed Assets at Cost 5000 5750 Less Acc. Depreciation 1000 700 4000 5050 Goodwill & Intangibles 0 Total Assets 4575 5750 Current Liabilities: S.T. Credit Line Accounts Payable 50 Accrued Expenses 25 25 Cur. Por of L.T. Debt 125 300 225 Long Term Liabilities: Long Term Debt 1025 Shareholders Equity: Capital Shares 1500 300 250 125 175 0 25 50 125 100 900 2500 Accounts Payable 125 50 Accrued Expenses 25 25 Cur. Por of L.T. Debt 125 100 300 225 Long Term Liabilities: Long Term Debt 1025 900 Shareholders Equity Capital Shares 1500 2500 Retained Earnings 1750 2125 Tot. Liab. and Eq. 4575 5750 Statement of Cash Flow $(000) This Year Operating Activities: Net Earnings for the Year Depreciation Changes in NCWC Subtotal: Investing Activities: Additions to Fixed Assets Additions to Goodwill and Intangibles Subtotal: Financing Activities: Dividends Net New Long Term Borrowings Net New Capital Shares Subtotal: Total Funds Flow Net cash on hand, start of year Net cash on hand, end of year Change in Cash Position: (b) Compare the two balance sheets, what is the total sources of funds and total uses of funds in This Year? The total source of funds is the total uses of funds is The absolute value of the total source of funds should be the absolute value of the total uses of funds. 500 1850 125 (a) For the given income statement, retained earning statement, and balance sheets, fill in the entries in the cash flow statement below. Notes: 1. Calculate the required quantities to answer each of the blanks. 2. Express your quantities in your answer in thousands ($000). 3. Include negative sign "-" in your answers if needed. Income Statement Retained Earnings Statement $(000). $(000) Revenue 3750 Retained Earnings, start of year 1750 Warranty/ Bad Debt 50 Net Revenue 3700 Net Earnings for the year COGS Less: Dividend Paid Contribution Margin 1850 SG&A (incl depreciation) 1500 Retained Earnings, end of year 2125 Operating Income 350 Other Income 150 Net Income 500 Balance Sheet $(000) End Last End This Year Year Current Assets Cash 125 250 Receivables Inventory Prepaid Expenses 25 25 575 700 Fixed Assets Fixed Assets at Cost 5000 5750 Less Acc. Depreciation 1000 700 4000 5050 Goodwill & Intangibles 0 Total Assets 4575 5750 Current Liabilities: S.T. Credit Line Accounts Payable 50 Accrued Expenses 25 25 Cur. Por of L.T. Debt 125 300 225 Long Term Liabilities: Long Term Debt 1025 Shareholders Equity: Capital Shares 1500 300 250 125 175 0 25 50 125 100 900 2500 Accounts Payable 125 50 Accrued Expenses 25 25 Cur. Por of L.T. Debt 125 100 300 225 Long Term Liabilities: Long Term Debt 1025 900 Shareholders Equity Capital Shares 1500 2500 Retained Earnings 1750 2125 Tot. Liab. and Eq. 4575 5750 Statement of Cash Flow $(000) This Year Operating Activities: Net Earnings for the Year Depreciation Changes in NCWC Subtotal: Investing Activities: Additions to Fixed Assets Additions to Goodwill and Intangibles Subtotal: Financing Activities: Dividends Net New Long Term Borrowings Net New Capital Shares Subtotal: Total Funds Flow Net cash on hand, start of year Net cash on hand, end of year Change in Cash Position: (b) Compare the two balance sheets, what is the total sources of funds and total uses of funds in This Year? The total source of funds is the total uses of funds is The absolute value of the total source of funds should be the absolute value of the total uses of funds