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Income Statement and Balance Sheet for Impress Corporation for the year ended December 31, 2018 are as follow IMPRESS CORP. BALANCE SHEET 2017 2018 Cash

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Income Statement and Balance Sheet for Impress Corporation for the year ended December 31, 2018 are as follow IMPRESS CORP. BALANCE SHEET 2017 2018 Cash $47,50 0 $76,70 0 Accounts receivable 0 43,100 Inventories 49,000 36,500 Total current assets 96,500 156,30 0 Land 15,800 15,800 Buildings 103,60 0 164,60 0 Equipment 63,200 65,500 Patents 5,200 5,200 Less: Accumulated depreciation 10.800 12 200 Total assets 273,50 0 395,20 o Accounts payable to suppliers 48,000 25,900 Income taxes payable 0 10,700 Total current liabilities 48,000 36,600 Long term debt 100,10 0 134,00 0 Total liabilities 148,10 0 170,60 0 Shareholders' equity Common stock 125,40 177,40 0 Retained earnings 0 47,200 Total shareholders' equity 125,40 0 224,60 0 Total liabilities and shareholders' equity 273,50 o 395,20 0 INCOME STATEMENT 2018 Sales 165,300 Cost of goods sold 46,200 Depreciation expense 1,400 Net interest expense 2,000 Other expense 5,600 Income before taxes 110,100 Provision for income taxes 40,900 Net income 69,200 Dividends paid 22,000 Addition to retained earnings 47,200 Using the indirect method, calculate the following: Net cash flow from operating activities Net cash flow from investing activities Net cash flow from financing activities Cash ending balance for 2018

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