create a statement of cash flows using the balance sheet given
using this cash flow statement
income $2.00 Sales Revenue Opening inventory Add. Purchases Les Closing inventory cost of Goods Sold Gross Profit $1,000,000 51.000.000 5453,000 5 547,000 $27.000 000 30,000 Expenses Expenses Sales & Marketing Expenses Operating tepenses wage Expense Product Line Research & Development Expense Advertising Expenses Depreciation Operating profit/ Low before interest Tanes interest Expense Net Profit/Loss 0.000 150,000 37.500 12.30 Balance Sheet Assets Current cash Trade Receivables inventories SL66,732 5.500 5453.600 $2.496.292 Non Current Equipment Less: Accumulated Depreciation S 500D $(73.14 Total Assets $2.19 Liabilities Current Account Payable 5 570.000 S 570.000 Non Current Note Payable S SO,000 3 500.000 $1.070.000 Total Liabilities stockholder's Equity Common Stock Additional Paid in capital Retained Earnings $550.000 $ 950.000 S 313.145 $181 $2.883.149 Total Liabilities & Equity Statement of Retained Earnings Retained Earnings at Beginning Net Income Less: Dividend Paid Retained Earnings at Ending $ $ 323,109 $ 10,000) S313,149 Statement of Cash Flows Year 1 Cash flows from operating activities Cash receipts from revenue Cash payments for expenses Net cash flow from operating activities $ 300000 $ 570000 550000 Cash flows from investing activities: Cash payments to purchase equipment 2 Cash flows from financing activities: 4 Cash receipts from borrowing funds 5 Cash receipts from issuing common stock 26 Cash payments to repay borrowed funds 7 Cash payments for dividends 18 Net cash flow from financing activities 19 20 Net increase/(decrease) in cash 21 Plus: beginning cash balance 22 Ending cash balance $ $ $ $ 23 income $2.00 Sales Revenue Opening inventory Add. Purchases Les Closing inventory cost of Goods Sold Gross Profit $1,000,000 51.000.000 5453,000 5 547,000 $27.000 000 30,000 Expenses Expenses Sales & Marketing Expenses Operating tepenses wage Expense Product Line Research & Development Expense Advertising Expenses Depreciation Operating profit/ Low before interest Tanes interest Expense Net Profit/Loss 0.000 150,000 37.500 12.30 Balance Sheet Assets Current cash Trade Receivables inventories SL66,732 5.500 5453.600 $2.496.292 Non Current Equipment Less: Accumulated Depreciation S 500D $(73.14 Total Assets $2.19 Liabilities Current Account Payable 5 570.000 S 570.000 Non Current Note Payable S SO,000 3 500.000 $1.070.000 Total Liabilities stockholder's Equity Common Stock Additional Paid in capital Retained Earnings $550.000 $ 950.000 S 313.145 $181 $2.883.149 Total Liabilities & Equity Statement of Retained Earnings Retained Earnings at Beginning Net Income Less: Dividend Paid Retained Earnings at Ending $ $ 323,109 $ 10,000) S313,149 Statement of Cash Flows Year 1 Cash flows from operating activities Cash receipts from revenue Cash payments for expenses Net cash flow from operating activities $ 300000 $ 570000 550000 Cash flows from investing activities: Cash payments to purchase equipment 2 Cash flows from financing activities: 4 Cash receipts from borrowing funds 5 Cash receipts from issuing common stock 26 Cash payments to repay borrowed funds 7 Cash payments for dividends 18 Net cash flow from financing activities 19 20 Net increase/(decrease) in cash 21 Plus: beginning cash balance 22 Ending cash balance $ $ $ $ 23
