How do I use this information in analyzing tables to get the Statement of Cash Flows

Talbert Corp

Comparative Balance Sheet

December 31, 2017 December 31, 2016

Assets

Cash 440,000 200,000

Short-Term Investments 600,000 ------------

Accounts Receivable (Net) 1,020,000 1,020,000

Inventory 1,380,000 1,200,000

Long-Term Investments 400,000 600,000

Plant Assets 3,400,000 2,000,0000

Accumulated Depreciation (900,000) (900,000)

Patent 180,000 200,0000

Total Assets 6,520,000 4,320,000

Liabilities and Stockholder's Equity

A/P and Accrued Liabilities 1,660,000 1,440,000

Notes Payable (nontrade) 580,000 ------------

Common Stock, $10 par 1,600,000 1,400,000

Additional Paid in Capital 800,000 ` 500,000

Retained Earnings 1,880,000 980,000

Total Liabilities and Equity 6,520,000 4,320,000

Information relating to 2017 activities:

Equipment costing $1,000,000 and having a book value of $320,000 was sold for $360,000.

A long-term investment was sold for $320,000. There were no other transactions affecting long-term investments in 2017.

20,000 shares of common stock were issued in 2017 for $25 a share.

Short-term investments consist of treasury bills maturing on 6/30/18.

INCOME STATEMENT

For the Year Ended December 31, 2017

Sales $4,040,000

Cost of Sales ($2,200,000)

Gross Profit $1,840,000

Operating Expense ($300,000)

Income from Operations $1,540,000

Gain on Sale of Assets $160,000

Income Tax Expense ($200,000)

Net Income $1,500,000