Construct the cashflow statements (Cashflow from operations, investing, & financing with the following data and verify the change in cash is equal to the sums of the cash flows for every year. Meaning..

	1993-1994	1994-1995
Change In Cash	-32	-24
CFO+CFI+CFF	-32	-24

Below is the data.

Exhibit 3
Balance sheets, FYE 1/31
(thousands of DM)
	1993	1994	1995
Cash	136	104	80
Accounts receivable, net	2,447	2,833	2,798
Inventory	2,916	2,908	2,916
Current Assets	5,499	5,845	5,794
Land	567	567	567
Buildings, fixtures, and equipment	2,167	2,188	2,518
Less: Reserve for depreciation	304	463	631
Net buildings, fixtures, and equipment	1,863	1,725	1,887
Investments	104	104	104
Due from stockholders	-	344	463
Deferred charges	64	32	32
Total assets	8,097	8,617	8,847
Accounts payable	1,382	1,390	1,478
Notes payable, employees	112	128	128
Estimated federal income tax	104	-	-
Current maturities on long-term debts	248	575	352
Miscellaneous accruals	586	660	329
Current liabilities	2,432	2,753	2,287
Notes payable, bank	871	1,438	1,398
Mortgage loan	3,611	3,595	4,202
Capital stock	879	879	1,063
Earned surplus (deficit)	304	(48)	(103)
Total liabilities and net worth	8,097	8,617	8,847
Exhibit 4
Income Statements for FYE 1/31
(thousands of DM)
	1993	1994	1995
Sales	18,647	15,179	14,397
Less: Returns and allowances	1,678	1,782	1,166
Net sales	16,969	13,397	13,231
Cost of goods sold	10,322	8,189	8,237
Gross profit	6,647	5,208	4,994
Less: Operating expenses	5,704	4,937	4,778
Operating profit	943	271	216
Other income	639	104	136
Net after other income	1,582	375	352
Other deductions	383	391	407
Net profit (loss) before tax	1,199	(16)	(55)
Dividends paid	336	336	-