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...

	2005-2006	2006-2007
Change in cash	26,886	(6,180)
CFO+CFI+CFF	26,886	(6,180)

Below is the data.

	2005	2006	2007
Net sales	-	4,316,036	8,662,734
Cost of goods sold	-	3,332,702	5,639,622
Gross profit	-	983,334	3,023,112
Operating expenses:
Administrative expenses	-	99,480	245,324
Amortization	-	88,888	232,104
Insurance	-	70,444	43,594
Marketing & advertising	-	147,516	250,950
Miscellaneous	-	133,634	188,578
Rent	-	654,330	519,906
Repairs & maintenance	-	122,922	298,442
Security	-	60,944	138,058
Supplies & expenses	-	100,022	176,530
Telephone	-	118,546	142,680
Travel & entertainment	-	81,962	65,894
Utilities	-	33,438	53,010
Vehicle expenses	-	54,314	62,024
Wages	-	793,612	921,768
Total operating expenses	-	2,560,052	3,338,862
Operating income	-	(1,576,718)	(315,750)
Other income	-	-	31,884
Interest expense	-	438,316	703,256
Net income (loss)	-	(2,015,034)	(987,122)
	2006	2006	2007
Cash	-	26,886	20,706
Accounts receivable	-	25,380	11,064
Inventory	-	1,359,144	708,984
Total current assets	-	1,411,410	740,754
Fixed assets
Automobile	-	85,242	117,126
Furniture & fixtures	-	254,904	609,928
Equipment	-	194,202	429,938
Leasehold improvements	-	293,520	662,388
	-	827,868	1,819,380
Less: Accumulated depreciation	-	88,888	320,992
Net fixed assets	-	738,980	1,498,388
Total assets	-	2,150,390	2,239,142
Accounts payable	-	391,932	1,209,066
Bank line of credit	-	1,518,678	1,586,528
Current portion due on bank loan	-	74,388	78,784
Total current liabilities	-	1,984,998	2,874,378
Bank loan	-	260,426	180,920
Loan payable	-	1,200,000	800,000
Shareholder's loans	-	-	666,000
Total long-term liabilities	-	1,460,426	1,646,920
Common stock	-	720,000	720,000
Retained earnings	-	(2,015,034)	(3,002,156)
Total equity	-	(1,295,034)	(2,282,156)
Total liabilities & equity	-	2,150,390	2,239,142