addition to retained earnings last year! Use the comparative figures of Omni Consumer Products (OCP) to answer problems 4-13 through 4-17 that follow. 2018 Omni Consumer Products (OCP) As of December 31 2017 Assets: Cash $ 5,534 Marketable Securities 952 Accounts Receivable (gross) 14,956 Less: Allowance for Bad Debts 211 Accounts Receivable (net) 14,745 Inventory 10.733 Prepaid Expenses 3,234 Plant and Equipment (gross) 57,340 Less: Accumulated Depreciation 29,080 Plant and Equipment (net) 28,260 Land 1,010 Long-Term Investments 2,503 $ 9,037 1.801 16,110 167 15,943 11,574 2,357 60,374 32,478 27,896 1,007 4,743 3,253 2,450 Liabilities: Accounts Payable Notes Payable Accrued Expenses Bonds Payable 6,821 7,330 2,112 2.389 Stockholders' Equity: Common Stock Retained Earnings 8,549 45,959 10,879 51,587 Balance Sheet Basic Accounting Equation Balance Sheet 4-13. Compute the following totals for the end of 2017 and 2018. a. Current Assets b. Total Assets e. Current Liabilities d. Total Liabilities e. Total Stockholders' Equity 4-14. Show whether the basic accounting equation is satisfied in problem 4-13. 4-15. Calculate the cash flows from the changes in the following from the end of 2017 to the end of 2018. Indicate inflow or outflow. 4. Accumulated Depreciation b. Accounts Receivable c. Inventories d. Prepaid Expenses e. Accounts Payable . Accrued Expenses g. Plant and Equipment h. Marketable Securities i. Land j. Long-Term Investments k. Common Stock 1. Bonds Payable Statement of Cash Flow 4-16. Prepare a statement of cash flows in proper form using the inflows and outflows from question 4-15. Assume net income (earnings after taxes) from the 2018 income statement was $10,628, and $5,000 in common stock dividends were paid. Ignore the income tax effect on the change in depreciation. 4-17. Show whether your net cash flow matches the change in cash between the end-of-2017 and end-of-2018 balance sheets Financial Statement Corrections