Capella BUS-3061 Assessment 3 part 2, in regards to the part at the bottom beginning cash balance and cash at the end of the year. I am coming up with negative numbers and am not sure if I am right. Can someone help me? I will try to be more specific. The items on the bottom I am wondering if I am right, or maybe the entire statement is wrong. Can someone take a look at it. I am not sure about the negative numbers.

Skylar Enterprises, Inc.

Statement of Cash Flows - Indirect Method

For the Year Ended December 31, 2012

Cash Flow from Operating Activities:

Net Income 103,000.00

Depreciation Expense 34,000.00

Increase in Accounts Receivable -9,000.00

Decrease in Accounts Payable -8,000.00

Decrease in Inventory 19,000.00

Total for Cash Flow from Operating Activities 139,000.00

Cash Flow from Investing Activities:

Income from sale of land 25,000.00

Equipment purchase -60,000.00

Total for Cash Flow from Investing Activities -35,000.00

Cash Flow from Financing Activities:

Issue of Common Stock 42,000.00

Issue Bond 5,000.00

Payment on Bond -55,000.00

Payment on Cash Dividends -45,000.00

Total for Cash Flow from Financing Activities -53,000.00

Net Cash Increase 51,000.00

Beginning Cash Balance -87,000.00

Cash at the End of the Year -36,000.00