Balances at December 31, 2017 - Post closing
	Account		Name	Debit	Credit
	101		Cash	249,930
	105		Petty Cash	150
	112		Accounts Receivable	317,420
	113		Allowance for Doubtful Accounts		4,580
	115		Notes Receivable	45,000
	118		Interest Receivable	-
	120		Inventory	531,960
	126		Supplies	2,320
	130		Prepaid Insurance	11,020
	131		Prepaid Rent	25,410
	135		Other Assets	145,000
	140		Land	43,000
	145		Buildings	306,000
	146		Accum. Depr. Buildings		73,040
	151		Equipment	32,800
	152		Accum. Depr. Equipment		13,200
	163		Trucks	78,400
	164		Accum. Depr. Trucks		39,540
	200		Notes Payable		15,000
	201		Accounts Payable		126,850
	212		Salaries and Wages Payable		-
	214		FICA Taxes Payable		1,787
	215		Income taxes payable		-
	216		Federal Withholding Taxes Payable		9,573
	218		State Withholding Taxes Payable		2,486
	224		FUTA Taxes Payable		400
	226		SUTA Taxes Payable		2,600
	230		Interest Payable		-
	250		Dividends Payable		-
	268		Notes Payable (LT Liability)		465,216
	270		Bonds Payable		275,000
	273		Discount on Bonds Payable	6,400
	311		Common Stock		189,000
	317		Paid-in Capital in Excess of Stated Value		256,400
	320		Retained Earnings		362,748
	330		Treasury Stock	42,610
			Total	1,837,420	1,837,420

Balances at December 31, 2018 - Before 12/31/17 Journal Entries
	Account		Name	Debit	Credit
	101		Cash	408,594
	105		Petty Cash	150
	112		Accounts Receivable	184,550
	113		Allowance for Doubtful Accounts		880
	115		Notes Receivable	90,200
	120		Inventory	519,671
	126		Supplies	3,680
	130		Prepaid Insurance	11,020
	131		Prepaid Rent	25,410
	135		Other Assets	145,000
	140		Land	43,000
	145		Buildings	306,000
	146		Accum. Depr. Buildings		73,040
	151		Equipment	38,900
	152		Accum. Depr. Equipment		13,200
	163		Trucks	78,400
	164		Accum. Depr. Trucks		39,540
	200		Notes Payable		15,000
	201		Accounts Payable		172,600
	214		FICA Taxes Payable		1,530
	216		Federal Withholding Taxes Payable		1,967
	218		State Withholding Taxes Payable		2,901
	224		FUTA Taxes Payable		400
	226		SUTA Taxes Payable		2,600
	268		Notes Payable (LT Liability)		465,216
	270		Bonds Payable		275,000
	273		Discount on Bonds Payable	6,400
	311		Common Stock		189,000
	317		Paid-in Capital in Excess of Stated Value		256,400
	320		Retained Earnings		362,748
	330		Treasury Stock	42,610
	401		Sales Revenue		5,133,356
	412		Sales Returns and Allowances	14,060
	414		Sales Discounts	77,281
	505		Cost of Goods Sold	3,845,710
	610		Advertising Expense	7,178
	631		Supplies Expense	1,540
	644		Freight-out	18,542
	726		Salaries and Wages Expense	943,752
	730		Payroll Tax Expense	83,681
	732		Utilities Expense	16,669
	820		Interest Revenue		3,150
	905		Interest Expense	24,570
	999		Income Tax Expense	72,000
	Total			7,008,568	7,008,528

Final Trial Balance

101

Cash

436,794.00

105

Petty Cash

150

112

Accounts Receivable

464,550.00

113

Allowance for Doubtful Accounts

40,178.00

120

Inventory

569,671.00

126

Supplies

3,680.00

130

Prepaid Insurance

11,020.00

131

Prepaid Rent

25,410.00

135

Other Assets

145,000.00

140

Land

43,000.00

145

Buildings

306,000.00

146

Accum. Depr. Buildings

78,040.00

151

Equipment

63,900.00

152

Accum. Depr. Equipment

21,200.00

163

Trucks

60,400.00

164

Accum. Depr. Trucks

41,540.00

200

Notes Payable

15,000.00

201

Accounts Payable

357,600.00

214

FICA Taxes Payable

1,530.00

215

Income Taxes Payable

125,000.00

216

Federal Withholding Taxes Payable

1,967.00

218

State Withholding Taxes Payable

2,901.00

224

FUTA Taxes Payable

400

226

SUTA Taxes Payable

2,600.00

230

Interest Payable

23,261.00

268

Notes Payable (LT Liability)

465,216.00

270

Bonds Payable

275,000.00

273

Discount on Bonds Payable

6,400.00

311

Common Stock

189,000.00

317

Paid-in Capital in Excess of Stated Value

256,400.00

320

Retained Earnings

362,748.00

330

Treasury Stock

42,610.00

332

Dividends

50,000.00

401

Sales Revenue

5,433,396.00

412

Sales Returns and Allowances

14,060.00

414

Sales Discounts

115,459.00

505

Cost of Goods Sold

3,995,710.00

610

Advertising Expense

7,178.00

612

Bad Debt Expense

1,120.00

631

Supplies Expense

1,540.00

644

Freight-out

18,542.00

711

Depreciation Expense

23,000.00

726

Salaries and Wages Expense

943,752.00

730

Payroll Tax Expense

83,681.00

732

Utilities Expense

16,669.00

820

Interest Revenue

3,150.00

905

Interest Expense

47,831.00

921

Loss on Disposal of Plant Assets

2,000.00

999

Income Tax Expense

197,000.00

Total

7,696,127.00

7,696,127.00

Net Loss

-30,996.00

Prepare the Cash Flow Statement

The balances in the permanent accounts as of 12/31/2017 are provided in D2L. Use these ending balances and the financial statements you prepared to create a statement of cash flows.