COURCES Question 7 Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using thera negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Sales Cost of goods sold Gross profit Gen' & admin expense Selling & inkt expense Depreciation Operating income Interest Income before taxes Income taxes (27%) Net income Dividends pald 2017 $1,238,000 5686,000 $552,000 $156,000 $134,000 $25,000 $237,000 $141,000 196,000 125,920 $70,000 $25,000 Study Assets Cash Accounts receivable Inventory Total current assets Gross plant and equipment Less accum. depreciation Net plant and equipment Totalasses 2017 $24,000 5124,000 $201.000 $349,000 $700,000 $313.000 $387,000 $736.000 2016 $14,320 $113,000 $217.000 $344,320 $475,000 $268,000 $157,000 3531-320 Dividends paid ECES PRINTER VERSION $25,000 2017 $24,000 $124,000 $201,000 $349,000 $700,000 $313,000 $387,000 $736,000 2016 $14,320 $113,000 $217,000 $344,320 $475,000 $288,000 $187,000 $531,320 Assets Cash Accounts receivable Inventory Total current assets Gross plant and equipment Less: accum. depreciation Net plant and equipment Total assets Liabilities Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock ($0.01 par) Paid-in capital Retained earnings Total stockholders' equity Total liabilities and equity dy $119,000 $28,000 $147,000 $245,000 $392,000 $4,500 $223,500 $116,000 $344,000 $736,000 $105,000 $28,000 $133,000 $150,000 $283,000 $4,000 5173,400 $70,920 $248,320 $531,320 Statement of Cash Flows 2017 PAINTER VERSION 1 BA RESOURCES BV3 Statement of Cash Flows 2017 > > > > ts by Study her 1 System Announcements Course for Grand Canyon University es PRINTER VERSION