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Given are the financial statements for ACME Corporation. In order to calculate cash flow for ACME Corporation in 2010, what is the flow of cash

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Given are the financial statements for ACME Corporation. In order to calculate cash flow for ACME Corporation in 2010, what is the flow of cash from depreciation amount in the balance sheet? Income Statement: 12/31/2010 Sales $1,300,000 Cost of Goods Sold 750,000 Operating 200,000 Expenses Depreciation 100,000 Expense EBIT 250,000 Interest Expense 50,000 EBT 200.000 Taxes 80,000 Net Income $120,000 > Balance Sheets 12/31/2010 Current Assets $50,000 Gross Fixed Assets 880,000 Less Accumulated Depreciation 450,000 Fixed Assets 430,000 Total Assets $480,000 12/31/2009 $45,000 650,000 350,000 350.000 $395,000 Current Liabilities Long-term Debt $35.000 330.000 $50,000 270,000 SO Cated LOG Balance Sheets 12/31/2010 Current Assets $50,000 Gross Fixed Assets 880,000 Less Accumulated Depreciation 450,000 Fixed Assets 430,000 Total Assets $480,000 12/31/2009 $45,000 650,000 350,000 350,000 $395,000 Current Liabilities $35,000 330,000 $50,000 270,000 5,000 5,000 Long-term Debt Common Stock Retained Earnings Total Liabilities & Equity 110,000 $480,000 70,000 $395,000 $100,000 source of cash $200,000 source of cash $100,000 use of cash $200,000 use of cash

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