Given the following financial information for 2014 and 2015, construct a Statement of Cash Flows for Grand Twins.

	Income Statement
				2014	2015
	Operating Revenue:
	Revenue:			$ 56,611,367	$ 56,775,078
	Less: COGS			$ 45,014,348	$ 50,298,751
	Gross Profit:			$ 11,597,019	$ 6,476,327
	Operating Expense:
	SG+A Expenses:			$ 6,165,153	$ 4,742,619
	Depreciation:			$ 975,000	$ 975,000
	Total Operating Expense:			$ 7,140,153	$ 5,717,619
	Operating Income:			$ 4,456,866	$ 758,708
	Interest Expense:			$ 90,430	$ 103,266
	EBT:			$ 4,366,436	$ 655,442
	Income Tax Expense:			$ 873,287	$ 131,088
	Net Income:			$ 3,493,149	$ 524,354

	Balance Sheet
		2014		2015
	Current Assets:
	Cash:	5,786,943		1,260,691
	Account Receivables:	47,677,904		53,413,866
	Inventory:	8,399,133		8,989,075
			61,863,980		63,663,632
	Net Property, Plant & Equipments:		9,295,976		11,608,208
	Total Assets		71,159,956		75,271,840
	Liabilities & Stockholder Equity
	Current Liabilities:
	Account Payable:	2,065,168		3,732,362
	Other Current Liabilities:	5,209,356		4,320,784
	Income Tax Payable:	873287		131088.4
			8,147,811		8,184,234
	Long Term Liabilities:
	Long Term Debt:	0		0
	Note Payable:	0		4,751,107
			0		4751107
	Stockholders' Equity:
	Common Stock:		27,280,000		27,280,000
	Retained Earnings (Beginning):	36,058,858		35,732,145
	Add: Net Income for the Year:	873287		524,354
	Less: Dividends:	1200000		1,200,000
	Retained Earnings (Ending):		35,732,145		35,056,498
	Total Liabilities:		71,159,956		75,271,840