be sure to include how much was paid put in dividends and include that amount in financing activities. create a statement of cash flows for the Masters Company.

Masters Company Income Statement For the Year Ended, December 31, 2019 $2,291,000 $1,655.000 $636,000 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Selling Expense General and Admin Expense Depreciation Expense Total Operating Expenses Net Operating Income (EBIT) Interest Expense Earnings Before Taxes Taxes (u 40%) Net Income $196,000 $131,000 $90,000 $417,000 $219,000 $49,000 $170,000 $68.000 S102.000 Masters Company Balance Sheet For the Years Ended, December 31, 2018 and 2019 Assets Cash Accounts Receivable Inventory Total Current Assets Gross Plant and Equipment Accumulated Depreciation Net Plant and Equipment Total Assets 2018 107,000 270,000 330,000 707,000 2019 140,000 294,000 327,000 761,000 1,495,000 (460,000) 1,668,000 (550,000) 1,035,000 $1.742,000 1,118.000 $1,879,000 Liabilities and Equity Accounts Payable Accruals Notes Payable Total Current Liabilities Long-Term Debt Total Liabilities Common Stock - Par Value Paid-In-Capital In Excess of Par Retained Eamings TAREbilities and Ray $197.000 $53,000 S205.000 $455.000 S560,000 $1.015.000 $30.000 S350.000 S347.000 $1.742.000 $213,000 $50,000 $223,000 $486,000 $623.000 $1,109,000 $30,000 S350.000 $390,000 $1,879.000 There is a sample for completing this exercise on page 62 of youretext. Using the financial statements for Masters Company, compute the sources and uses of cash from 1. Operating activities 2. Investment activities 3. Financing activities Does the total of all sources and uses equalthe change in cash from 2018 to 2019? (It should if you have done the work correctly.) a 13 here te search