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Analysts were given the following balance sheet information for the years ended June 30, 2016 and June 30, 2015: Assets 2016 2015 Cash and Marketable

Analysts were given the following balance sheet information for the years ended June 30, 2016 and June 30, 2015:

Assets

2016

2015

Cash and Marketable Securities

$38,104

$25,631

Accounts Receivable

$342,742

$216,708

Inventory

$332,760

$429,860

Other Current Assets

$105,809

$85,672

Total Current Assets

$819,415

$757,871

Gross Plant and Equipment

$2,050,368

$1,859,234

Less: Accumulated Depreciation

($432,560)

($386,720)

Net Plant and Equipment

$1,617,808

$1,472,514

Goodwill and Other Assets

$286,539

$312,672

Total Assets

$2,723,762

$2,543,057

Liabilities and Equity

2016

2015

Accounts Payable

$332,450

$389,321

Notes Payable

$25,769

$35,870

Accrued Income Taxes

$42,870

$35,680

Total Current Liabilities

$401,089

$460,871

Long-Term Debt

$805,642

$701,830

Total Liabilities

$1,206,731

$1,162,701

Common Stock

$100,000

$100,000

Additional Paid-In Capital

$546,802

$546,802

Retained Earnings

$870,229

$733,554

Total Common Equity

$1,517,031

$1,380,356

Total Liabilities and Equity

$2,723,762

$2,543,057

In addition, it was reported that the company had a net income of $4,685,213 and that depreciation expenses were equal to $45,840 during 2016.

Construct a 2016 cash flow statement and statement of retained earnings for this firm and include:

1.) net cash from operating activities

2.) net cash used in investing activities

3.) net cash provided by financing activities

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