Ima Knight Financial Statements for Year End Line #2022 1 2 3 4 5 Total Assets (1+2+3+4) 7 98 Total Liabilities (6+7+8) 10 Net Worth (5 minus 9) 11 Total Liabilities and Net Worth (9+10) Income statement 12. Annual Salary income 13 14 15 16 Total income (12+13+14+15) 17 16 19 20 21 22 23 Total Expenses (17+18+19+20+21+22) 24 Net income (16 minus 23) 25 Net Worth Beginning of Year 26 Net Worth End of Year (24+25) Cash Flow Statement Cash Flow Generated During Year 27 CashReceipts: Salary 8 Investments 26 Lessicash Lipenses and Toxes 29 Net Cash Flow Generated (27 minus 28) Cash From or (Used for) investing Activities Balance Instructions: Copy and paste each fight green item below into Sheet a light green line on the financial statements. (don't cut 8 paste) Year End Calculate amounts for fines 27 and 28 2022 Cornments Year Ended 2022 $65,0002022 To iliustrate, annual salary goes here, 3 more incomes to find Year Ended 2022 27 Cash Recelpts: Salary 8 Investments Q Calculate from income statement, adjust for non-cash items 28 Less: Cash Expenses and Taxes o Calculate from income statement, adjust for noricash items 29 Net Cash Flow Generated (27 minus 28) Show line 28 as a positive number Cash From or (Used for) Investing Activibies 0 Should be a negative number ( ) 30 Total Cash for investing Activities (30 above) Cash From or (Used for) Financing Activities 32 33 0 Should be a negative number ( ) 34 Total Cash Used for Financing Activities (32+33) 35 Net Change in Cash (29+31+34) 36 Cash Beginning of the Year 37 Cash End of the Year (35+36) 0 Should be a negative number ( ) Annual Salary lncome Auto Note interest Expense Car Note Balance Due at Year End Cash in Bank at Year End Cash Invested in Mutual Fund During Year Depreciation on Auto Due on Credit Cards at Year End Federal Income Taxes Paid During Year House at Estimated Value Year End Household Expenses During Year $55$$5555$50015,000140,00011,000(1,200)(300)4,5908,0002,0003,000