Am I doing my Statement of Cash Flow correct? I'm pretty sure I am not.

2021 2020 ASSETS Current Assets Cash 5 3,310,?33 5 1,545,553 Accounts Receivable 5 1,?55,?20 3?9,500 Less: Allowance for Douthul Accounts 5 [35,134] [30,000] Shortterm Investments 5 14,000 14,000 Fair Value AdjustmentST 5 [1,500] Inventory 5 933,104 2,400,000 PPD Insurance 5 43, :50 50,000 Supplies 5 5,015 3,500 Total Current Assets 5 5,025,144 5 4'953IT53 Property, Plant, 8t Equipment Land 5 1,135,000 1,135,000 Building 5 3,000,000 3,000,000 Less: Accumulated Dep. Building 5 [345,154] [259,231] Machinery 5 350,000 350,000 Less: Accumulated Dep. Machinery 5 [133,300] [14,100] Equipment 5 550,000 250,000 Less: Accumulated Dep. Equip. 5 [203,924] [134,923] Del. Truck 5 55,500 55,500 Less: Accumulated Dep. Truck 5 [43,15?] [42,511] Property, Plant, 8t Equipment [Net] 5 4,909,955 S 4,790,535.00 Long-term Investments Available for Sale Investments 5 433,300 100,000 Fair Value AdjustmentAFB 5 5,200 15,000 5 489,000 115,000 Intangible Assets Patents 5 55,000 50,000 Other Non-current Assets Right of use Asset 5 500,000 Total Assets 5 11,990,599 5 9,929,393.00 Current Liabilities NP 5 353,593.10 1,141,754 Salaries Payable 5 1,722,000.00 1,177,000 Utilities Payable 5 9,000.00 11,000 Payroll Taxes Payable 5 33,990.00 T3,000 Interest Payable 5 50350.00 13,000 Dividends Payable 5 350,000.00 400,000 Note PayableShort Term 5 150,000.00 50,000 Income Tax Payable 5 190,247.00 125,000 Total Current Liabilities 5 2,854,585.10 2,991,?54 Long Term Liabilities Lease Liability 5 412,250.00 Note PayableLong Term 5 454,500.00 500,000 Bond Payable 5 2,500,000.00 2,500,000 Discount on Bond Payable 5 [123,224.32] 5 [145,139] Total Long' Term Liabilities 5 3,243,525.58 2,853,851 Total Liabilities s 5,103,110.19 3 5,945,515 Stockholders' Equity Common Stock, 51 par, 51M Shares Authorized: 295,000 Shares Issued and 2?9,500 shares Outstanding 5 295,000.00 200,000 Additional Paid in Capital Common Stock 5 4,453,193.00 2,323,193 RE 5 595,590.00 1,045,590 Unrealized gain[loss] Available 'For Sale Securities 5 5,200.00 15,000 Less: Unearned Compensation 5 [15?,???.?3] Less: Treasury Stock [net] 5 [?1,500.00] Total Stockholders' Equity 5 5,229,105.22 4,083,783 Total Liabilities and Stockholders' Equity 5 11,337,815.00 S 9,929,398.00 Panther Builders, Inc. Statement of Cash Flows For the Year Ended Decemeber 31, 2021 Operating Activities Net Income $ 617,883 Adjustments to reconcile net income to net cash from operating activities: Depreciation Expense $ 277,680 Changes in Current Accounts: Cash $ (1,664,125) Accounts Receivable $ (877,220) Allowance for Undoubtful Accounts 5,134 Fair Value Adjustment (1,500) Inventory $ 1,466,896 Prepaid Insurance 6,250 Supplies (1,416) Accounts Payable 783,156 Salaries Payable (545,000) Utilities Payable 2,000 Payroll Taxes Payable 39,010 Interest Payable (37,750) Dividends Payable 50,000 Notes Payable Short-term (100,000) Income Tax Payable (64,247) Cash Provided by Operating Activities Investing Activities Available for Sale Investments 383,800 Fair Value Adjustment - AFS 9800 Patents 9,800 Right of Use Assets 500,000 Cash Provided by Operating Activities Financing Activities Lease Liability 417,250 Note Payable-Long Term 45,500 Discount on Bond Payable 17,915 Common Stock, $1 par, $1M Shares Authorized; 295,000 Shares Issued and 279,500 shares C- 95,000 Additional Paid in Capital - Common Stock 1,640,000 Retained Earnings $ 350,000 Unrealized gain(loss) Available for Sale Securities 9,800 Unearned Compensation $ (157,778) Treasury Stock 71,500 Cash Provided by Financing Activites Net Increase in Cash Beginning Cash Ending CashPanther Builders, Inc Income Statement For the Year Ended December 31, 2021 Revenues Sales 8,186,460 Less: Cost of Goods Sold 4,550,000 Gross Profit 3,636,460 Operating Expenses Selling Expenses Compensation Expense 2,222 Salaries Expense 2,045,000 Advertisting Expense 23,734 Bad Dept Expense 88,990 Payroll Tax Expense 125,000 Total Selling Expenses $ 2,284,947 General & Administrative Expenses Insurance Expense 121,250 Supplies Expense 22,989 Depreciation Expense 277,680 Amortization Expense 5,000 Utilities Expense 9,000 Miscellaneous Expenses 9,300 Total General & Administrative Expenses 445,219 Total Operating Expenses 2,730,166 Income from Operations 906,294 Non-Operating Income (Expenses) Less: Interest Expense 126,165 Less : Realized Losses 3,500 Add : Unrealized Gain 1,500 Total Non-Operating Income (124,165) Net Income before Taxes 782,130 Less : Income Tax Expense 164,247 Net Income 617,883