cash flow from financing activities-

*calculate dividends paid

*proceeds from sale of stock for 2018

*proceeds from short-term debt for 2018

D 2016 10,000 112,000 2.500 109,500 70,000 189,500 67,000 3.000 52.00 122.000 6.00 86,000 3.000 278,500 1 WICKER FURNITURE CO. 2 BALANCE SHEET 3 Assets 4 Cash 5 Accounts receivable 6 Less: allowance for doubtful account 7 Net accounts receivable 3 Inventory 9 Total current assets 10 Furniture and fixtures 11 Leasehold improvements 12 Transportation equipment 13 Gross fixed assets 13 Less Accum depreciation 15 NetTixed assets 16 Intangible assets 17. Total assets 18 19 Liabilities 20 Notes payable bank short-term 21 Accounts payable-trade 22 Income taxes payable 23 Accrued bonuses Total current liabilities 25 Subordinated debt officers 26 Other lone-term debt 27 Total long-term debt 25 Total liabilities 2017 5,000 109,000 2.500 106,500 68.000 179,500 65,000 3,000 53.000 125.000 40.000 82,000 3.000 264,500 2018 4,000 109,000 2.50 106,500 20,000 180,560 69,000 3,000 51.000 140,000 50.500 89,500 3.000 273,000 2016 900,000 093,000 237,000 159,000 25.000 20,000 2,000 0 INCOME STATEMENT Item Net sales Cost of goods sold Gross profit Selling en and admin Expense Oncer's compensation Hent expenses Bad debt expense Profit-sharing expense Depreciation expense Total operating expenses Operating income Other income Interest income Rental income interest expense Net profit before tax Taxes Net profit after tax 2017 934,000 700.000 2:14,000 160,500 27,000 21,000 2.000 0 2.000 212500 16.500 1,500 3,000 2,000 4554 18,446 3,874 14572 2018 937.000 202.000 235,000 162,000 27,000 22.000 2,000 0 Z500 220.502 14,500 1,500 3,000 2.000 2855 18,147 3.2011 14,356 212.000 25.000 2,000 3.000 1.800 4,312 27,488 5.222 21,716 74,000 45,000 9,000 9.000 135.000 5,000 79 500 84500 219,500 78,000 44,000 8.000 9.000 199,000 5,000 47,928 52.928 191.928 75,500 32,000 9,000 14.000 130,500 4,000 54,592 58592 189,092 2.000 30 Net worth 31 Common stock 22 Retained earnings 33 intangible equity 2,000 54,000 3.000 67.572 3.000 2.000 78,90B 3.000 28.90B 3522 E G H 1 65.000 3,000 2,000 0 B 67.000 3,000 52.000 122,000 2.000 36,000 3.000 27.500 125.000 41.000 82.000 3.000 264 500 0 19.000 3.000 51.000 140.000 50.500 39,500 3.000 271.000 2.000 0 1.200 212.000 25.000 2,000 Baddeot expense Profit sharing expense Depreciation expense Total operating expenses Operating income Other income Interest income | | | Interest expense Net profit before tax Taxes Net profit after 2.000 0 2.500 220.0 14,500 1.500 3.000 2.000 2.53 18. 147 217.500 16,500 1,500 3.000 2000 4554 18,466 14 14 572 1.800 4.12 27438 5.72 21.715 14,356 A 10 Furniture and fixtures 11 Leasehold improvements 12 Transportation equipment 13 Crossed assets 14 Less: Accum depreciation 15 Net fixed assets 16 Intangible assets 17 Total assets 18 19 Liabilities 20 Notes payable bank short-term 21 Accounts payable-trade 22 Income taxes payable 23 Accrued bonuses 24 Total current liabilities 25 Subordinated debt officers 26 Other long-term debt 27 Total long-term debt 28 Total liabilities 29 30 Net worth 31 common stock Retained earnings 33 Intangible equity 34 Total net worth 35 Total Tiabilities and net worth 36 37 38 Notes: 29 Current Maturity of Long-Term Debt 00 41 74,000 43,000 9,000 9.000 135,000 5.000 79,500 24.500 219,500 78,000 44,000 8.000 9.000 139,000 5.000 47,928 52929 191,928 75,500 32.000 9,000 18.00 130,500 4.000 54,592 52592 189,092 2,000 54.000 3000 59.000 278.500 2.000 67 572 3000 72.572 254,500 2000 78.908 3.000 83.908 273.000 3532 2,337 2,587