Assume the following information appeared on a 201x tax return: Assignment: use the above chart to estimate the sources and uses of cash as well as the total cash that can be compared to activities and balances in known accounts.

Form Form Description Transation Type Amount Source Use 1040 Tax Return Wages 25,000 1040 Tax Return Dividend Income 10,000 1040 Tax Retum Business Income 12.500 1040 Tax Retum Capital Gain 2.500 1040 Tax Retum 1,000 Tax Witholding Tax Payments (201x) 1040 Tax Retum 300 1040 Tax Retum Amount You Owe 500 Sch A Itemized Deductions State & Local Taxes 200 400 42,500 Sch A itemized Deductions Charitable Gifts Sch C Business Income Sales Sch C Business Income Contract Labor Sch C Business Income Depreciation 24,000 2,500 Office 3,000 Sch C Business Income Sch C Business Income Other 500 Sch C Business Income Net Profit (or Loss) 12,500 Sch D Capital Gain Proceeds 11,000 SchD Capital Gain Cost 8,500 Sch D Capital Gain Gain Or (Loss) 2,500 4562 Depreciation Purchase of Assets 5,500 4562 Depreciation Write-off 2,500 Net Cash