Based on the following information from Fincos Financial statements, confirm that

the Cash Flow Identity holds.

Balance Sheet

Current Accounts

2018: CA = 1500; CL = 1300

2019: CA = 2000; CL = 1700

Fixed Assets

2018: NFA = 3000; 2019: NFA = 4000

LT Liabilities and Equity

2018: LTD = 2200; Common Equity = 500; RE = 500

2019: LTD = 2800; Common Equity = 750; RE = 750

Income Statement

EBIT = 2700; Interest Expense = 200; Taxes = 1000; Dividends = 1250

Depreciation = 300