(Enter your company here) Statement of Cash Flows For Current Year Ended December 31 Cash flows from Operating activities: Net Income Adjustments to reconcile net income to net cash Depreciation expense - bldg Depreciation expense-equip Gain on sale of equipment Loss on sale of land Notes Receivable (due in 6 months) Merchandise Inventory Supplies Accounts payable Salaries payable FICA Taxes Payable Federal Income Tax Withheld Payable Total Adjustments Net Cash provided (or used) by Operating activities Cash flows from Investing activities: Cash received from sale of equipment Cash paid for new equipment Cash received from sale of land Net Cash provided (or used) by Investing activities Cash flows from Financing activities: Cash received from issuing bonds Cash paid on notes payable Cash received from issuing stock Cash paid for dividends Net Cash provided (or used) by Financing activities NET INCREASE (or DECREASE) IN CASH ADD: CASH BALANCE, LAST YEAR ENDING CASH BALANCE, CURRENT YEAR Analyze your company's Statement of Cash Flows formula-do not change