Analyze this statement of cash flows.

Statement of Cash Flows For the Year Ended December 31, 2016 Cash flows from operating activities: Net income s 17,506 86,020 Adjustments to reconcile net income to net cash used in operating activities: Depreciation Decrease (Increase) in Assets: Accounts receivable Other receivables Increase (Decrease) in Liabilities: Accounts payable Accrued expenses and other current liabilities Income tax payable Net cash provided in operating activities -151,458 -136,572 -231,397 209,983 -2.585 -208,503 Cash flows from investing activities: Purchase of property, plant and equipment Net cash used in investing activities -10,104 -10,104 Cash flows from financing activities Proceeds from line of credit Net borrowings on long-term debt Proceeds from note payable - stockholder Principal payments on capital lease obligation Net cash provided by financing activities 149,949 23,417 22,026 -13.996 181,396 -37.211 Net increase (decrease) in cash Cash at beginning of year 38,211 Cash at end of year S 1,000 Supplemental disclosures of cash flow information: Cash paid for interest S 105,930 During the year the Company purchased two vehicles in the amount of $53,142 and acquired two notes payable in the amount of $51.142