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Given the following selected information on Cicalese's Chocolate, Inc., cash flow from operating activities for the year 20X1? DEC 31 20X0 DEC 31 20X1 EAT

Given the following selected information on Cicalese's Chocolate, Inc., cash flow from operating activities for the year 20X1?

DEC 31 20X0 DEC 31 20X1

EAT $600,000 $790,000

Depreciation Exp.$100,000 $120,000

Dividends $400,000 $550,000

Accounts Receivable $1,500,000 $2,000,000

Inventory $3,500,000 $2,000,000

Accounts Payable/Accruals $350,000 $500,000

Long Term Debt$2,300,000 $3,000,000

Common Stock $2,200,000 $2,500,000

Retailed Earnings $6,150,000 $6,350,000

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