How does the statement of cash flow get prepared?

4 Operating Activities 7 8 9 10 11 12 13 14 15 18 17 18 19 20 21 26 Investing Activities 31 32 Financing Activities 33 34 35 36 37 38 39 40 41 42 43 44 45 48 47 48 49 50 51 52 [1 For the year ended December 31, 2021 Revenues: Sales Cost of Goods Sold Gross Profit Margins 8.186,460.00 4550,000.00 3,636,460.00 125,000.00 Less Operating Expense Selling & Distribution Expense Advertisting Expense General and Administrative Expenses Supplies Expense Salaries Expense Compensation Expense Utilities Expense Bad Dept Expense Payroll Tax Expense Insurance Expense Depreciation Expense Amortization Expense Miscellaneous Expenses Interest Expense Total General & Administrating Expenses Operating Income Non-Operating or Other Realized Gains (Losses) Unrealized Gains (Losses) Income Total Non-Operating or Other 22,989.00 2.045,000.00 2.222.22 9,000.00 23.734.40 88,990.00 121.250.00 277,679.48 5,000.00 9,300.00 126,165.00 2.731.330.11 780,129.89 3,500.00 1,500.00 2,000.00 Earning Before Income Tax Income Tax Expense 782,129.89 164,247.00 164, 247.00 617,882.89 Net Income 2021 2020 $ ASSETS Current Assets Cash Accounts Receivable Less: Allowance for Doubtful Accounts Short-term Investments Fair Value Adjustment-ST Inventory PPD Insurance Supplies Total Current Assets 1,646,663 879,500 (30,000) 14,000 $ 3,310,788.00 $ 1,756,720.00 35,134.40 14,000.00 5 1,500.00 933,104.10 43,750.00 > 5,016.00 $ 6,026,743.70 2,400,000 50,000 3,600 4,963,763 Property, Plant, & Equipment Land Building Less: Accumulated Dep. Building Machinery Less: Accumulated Dep. Machinery Equipment Less: Accumulated Dep. Equip Del. Truck Less: Accumulated Dep. Truck Property, plant, & Equipment (Net) $ 1,135,000.00 3,000,000.00 346,154.08 $ 850,000.00 $ 183,300.00 $ 650,000.00 $ 203,923.85 $ 56,500.00 S 48,166.56 $ 4,909,955.52 1,135,000 3,000,000 (269,231) 850,000 (14,100) 260,000 (184,923) 56,500 (42,611) $ 4,790,635.00 Long-term Investments Available for Sale Investments Fair Value Adjustment-AFS $ $ $ 483,800.00 5,200.00 489,000.00 100,000 15,000 115,000 $ 55,000.00 60,000 Intangible Assets Patents Other Non-current Assets Right of use Asset Total Assets $ 500,000.00 $ 11,980,699.22 $ 9,929,398.00 Current Liabilities A/P Salaries Payable Utilities Payable Payroll Taxes Payable Interest Payable Dividends Payable Note Payable-Short Term Income Tax Payable Total Current Liabilities $ 358,598.10 $ 1,722,000.00 $ 9,000.00 33,990.00 $ 50,750.00 $ 350,000.00 $ 150,000.00 $ 190,247.00 $ 2,864,585.10 1,141,754 1,177,000 11,000 73,000 13,000 400,000 50,000 126,000 2,991,754 Long Term Liabilities Lease Liability Note Payable-Long Term Bond Payable Discount on Bond Payable Total Long Term Liabilities 5 417,250.00 $ 454,500.00 $ 2,500,000.00 $ 128,224.00 $ 3,243,526.00 500,000 2,500,000 (146,139) 2,853,861 Total Liabilities $ 6,108,111.10 $ 5,845,615 Stockholders' Equity Common Stock, $1 par, $1M Shares Authorized; 295,000 Shares issued and 279,500 shares Outstanding Additional Paid in Capital - Common Stock RE Unrealized gainfloss) Available for Sale Securities Less: Unearned Compensation Less: Treasury Stock (net) Total Stockholders' Equity $ 295,000.00 $ 4,463,193.00 $ 1,313,472.89 $ 5,200.00 157,777.78 46,500.00 $ 5,872,588.12 200,000 2,823,193 1,045,590 15,000 4,083,783 Total Liabilities and Stockholders' Equity $ 11,980,699.22 $ 9,929,398.00 4 Operating Activities 7 8 9 10 11 12 13 14 15 18 17 18 19 20 21 26 Investing Activities 31 32 Financing Activities 33 34 35 36 37 38 39 40 41 42 43 44 45 48 47 48 49 50 51 52 [1 For the year ended December 31, 2021 Revenues: Sales Cost of Goods Sold Gross Profit Margins 8.186,460.00 4550,000.00 3,636,460.00 125,000.00 Less Operating Expense Selling & Distribution Expense Advertisting Expense General and Administrative Expenses Supplies Expense Salaries Expense Compensation Expense Utilities Expense Bad Dept Expense Payroll Tax Expense Insurance Expense Depreciation Expense Amortization Expense Miscellaneous Expenses Interest Expense Total General & Administrating Expenses Operating Income Non-Operating or Other Realized Gains (Losses) Unrealized Gains (Losses) Income Total Non-Operating or Other 22,989.00 2.045,000.00 2.222.22 9,000.00 23.734.40 88,990.00 121.250.00 277,679.48 5,000.00 9,300.00 126,165.00 2.731.330.11 780,129.89 3,500.00 1,500.00 2,000.00 Earning Before Income Tax Income Tax Expense 782,129.89 164,247.00 164, 247.00 617,882.89 Net Income 2021 2020 $ ASSETS Current Assets Cash Accounts Receivable Less: Allowance for Doubtful Accounts Short-term Investments Fair Value Adjustment-ST Inventory PPD Insurance Supplies Total Current Assets 1,646,663 879,500 (30,000) 14,000 $ 3,310,788.00 $ 1,756,720.00 35,134.40 14,000.00 5 1,500.00 933,104.10 43,750.00 > 5,016.00 $ 6,026,743.70 2,400,000 50,000 3,600 4,963,763 Property, Plant, & Equipment Land Building Less: Accumulated Dep. Building Machinery Less: Accumulated Dep. Machinery Equipment Less: Accumulated Dep. Equip Del. Truck Less: Accumulated Dep. Truck Property, plant, & Equipment (Net) $ 1,135,000.00 3,000,000.00 346,154.08 $ 850,000.00 $ 183,300.00 $ 650,000.00 $ 203,923.85 $ 56,500.00 S 48,166.56 $ 4,909,955.52 1,135,000 3,000,000 (269,231) 850,000 (14,100) 260,000 (184,923) 56,500 (42,611) $ 4,790,635.00 Long-term Investments Available for Sale Investments Fair Value Adjustment-AFS $ $ $ 483,800.00 5,200.00 489,000.00 100,000 15,000 115,000 $ 55,000.00 60,000 Intangible Assets Patents Other Non-current Assets Right of use Asset Total Assets $ 500,000.00 $ 11,980,699.22 $ 9,929,398.00 Current Liabilities A/P Salaries Payable Utilities Payable Payroll Taxes Payable Interest Payable Dividends Payable Note Payable-Short Term Income Tax Payable Total Current Liabilities $ 358,598.10 $ 1,722,000.00 $ 9,000.00 33,990.00 $ 50,750.00 $ 350,000.00 $ 150,000.00 $ 190,247.00 $ 2,864,585.10 1,141,754 1,177,000 11,000 73,000 13,000 400,000 50,000 126,000 2,991,754 Long Term Liabilities Lease Liability Note Payable-Long Term Bond Payable Discount on Bond Payable Total Long Term Liabilities 5 417,250.00 $ 454,500.00 $ 2,500,000.00 $ 128,224.00 $ 3,243,526.00 500,000 2,500,000 (146,139) 2,853,861 Total Liabilities $ 6,108,111.10 $ 5,845,615 Stockholders' Equity Common Stock, $1 par, $1M Shares Authorized; 295,000 Shares issued and 279,500 shares Outstanding Additional Paid in Capital - Common Stock RE Unrealized gainfloss) Available for Sale Securities Less: Unearned Compensation Less: Treasury Stock (net) Total Stockholders' Equity $ 295,000.00 $ 4,463,193.00 $ 1,313,472.89 $ 5,200.00 157,777.78 46,500.00 $ 5,872,588.12 200,000 2,823,193 1,045,590 15,000 4,083,783 Total Liabilities and Stockholders' Equity $ 11,980,699.22 $ 9,929,398.00