Homework Assignment 1 inces Mailings Review View Tell me A A EEE AT AaBbCcDdE AaBbCcDdE, AaBbCcDc AaBbCcDdEx AaBb Normal No Spacing Heading 1 Heading 2 Title =) Problem 21. Cash Flow Identity. Graffiti Advertising, Inc., reported the following financial statements for the last two years. Construct the cash flow identity for the company, Explain what each number means. 2022 Income Statement + Sales Cost of goods sold Selling and administrative Depreciation EBIT Interest EBT Taxes Net Income Dividends $825,420 473,903 182,244 79,738 $89,535 28,193 $61,342 14,722 $ 46,620 Cash Addition to retained earnings Accounts receivable Inventory Current assets $ 15,600 31,020 GRAFFITI ADVERTISING, INC Balance Sheet as of December 31, 2021 $19.460 Accounts payable 27,751 Notes payable 20,153 Current liabilities $13.993 21,064 $35.057 67,364 Long-term debt $199,100 Net fixed assets $503,199 Owners' equity $336,406 Total liabilities and owners Total assets $570,563 $570,563 equity GRAFFITI ADVERTISING, INC Balance Sheet as of December 31, 2022 Cash $20,903 Accounts payable Accounts receivable 30,828 Notes payable $15.358 24,059 Inventory 33,244 Current liabilities $39,417 Current assets Net fixed assets $84,975 Long-term debt $ 593,199 Owners' equity $222,400 $416,277 Total assets $ 678,094 Total liabilities and owners" equity $675,094 Focus