ES-18 Preparation of a Statement of Cash Flows, Analysis) The comparative statements of financial position of Menachem Corporation at the beginning and end of the year 2015 appear below. MEMACHEN CORPORATION STATEMENTS OF FINANCIAL POSITION Assets Equipment Loss: Accumulated depreciation equipment Accounts receivable Cash Total Equity and liabilities Share capital-ordinary Retained earnings Accounts payable Tota Dec. 31, 2015 37,000 (17,000) 106,000 22.000 148.000 Jan 1, 2015 22,000 (11,000) 88,000 13,000 112,000 Inc/Dec. 15,000 Inc. 6,000 Inc. 18,000 Inc. 9,000 Inc. 100.000 28.000 20.000 80,000 17.000 15,000 112.000 20,000 Inc. 11,000 Inc. 5,000 Inc 148.000 Net income of 34,00 was reported and dividends of 23,000 were paid in 2015. New equipment was purchased and none was sold Instructions Il Prepare a statement of cash flows for the 2015 tl Compute the for et arribat a 1,35 and December 31, 2015 and otputy free cash flow the wat Id Inlighted the analysis in cement on Monet's quits and Baby ES-18 Preparation of a Statement of Cash Flows, Analysis) The comparative statements of financial position of Menachem Corporation at the beginning and end of the year 2015 appear below. MEMACHEN CORPORATION STATEMENTS OF FINANCIAL POSITION Assets Equipment Loss: Accumulated depreciation equipment Accounts receivable Cash Total Equity and liabilities Share capital-ordinary Retained earnings Accounts payable Tota Dec. 31, 2015 37,000 (17,000) 106,000 22.000 148.000 Jan 1, 2015 22,000 (11,000) 88,000 13,000 112,000 Inc/Dec. 15,000 Inc. 6,000 Inc. 18,000 Inc. 9,000 Inc. 100.000 28.000 20.000 80,000 17.000 15,000 112.000 20,000 Inc. 11,000 Inc. 5,000 Inc 148.000 Net income of 34,00 was reported and dividends of 23,000 were paid in 2015. New equipment was purchased and none was sold Instructions Il Prepare a statement of cash flows for the 2015 tl Compute the for et arribat a 1,35 and December 31, 2015 and otputy free cash flow the wat Id Inlighted the analysis in cement on Monet's quits and Baby