Calculate the change in each balance sheet account and indicate whether each account relates to operating, investing, and/or financing activities (+ for increase and for decrease). (Select "NE" if there is no effect. Enter all amounts as positive values.)

	Previous Year	Current Year	Change		Type
Cash	$49	$348
Accounts Receivable	89	203
Inventory	330	149
Equipment	570	700
Accumulated Depreciation - Equipment	(31)	(52)
Total	$1,007	$1,348
Salaries and Wages Payable	$24	$78
Notes Payable (long-term)	459	595
Common Stock	24	24
Retained Earnings	500	651
Total	$1,007	$1,348

2.	Prepare a statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

GOGGLE COMPANY
Statement of Cash Flows
For the Year Ended December 31
Cash Flows from Operating Activities:
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Changes in Current Assets and Current Liabilities
Cash Flows from Investing Activities:
Cash Flows from Financing Activities:

6.	Are the cash flows typical of a start-up, healthy, or troubled company?
	multiple choice Start-Up Company Healthy Company Troubled Company