Discussion Question 1 (20 points)

You have recently been hired as a Senior Financial Analyst by Blank Memorial Hospital, a for-profit organization. For your first assignment, the CFO asks you to prepare a Statement of Cash Flows in good form. Since you are a recent Ashworth College graduate, he knows you are just starting out. He tells you (accurately) that the only resources you need to complete this task are the MH688 Lecture and Research Update on the Statement of Cash Flows and the textbook. He then gives you the following information.

Table 9: Blank Memorial Hospital Comparative Balance Sheet

After preparing the Statement of Cash Flows, prove to the CFO that you have completed it correctly. (20 points) (A 1-page Statement of Cash Flows with proof is required.)