Instructions: Casual Clothing Balance Sheet & Income Statement:

Income Statement

Net Sales

Cost of Goods Sold

Gross Profit

Operating Espenses

Depreciation

$$mortization

Dperating Profit

Interest Expense

Pre$-$Tar Earnings

Tares

Het Earnings

Balance Sheet

Current Assets

Cash $8$ Equivalents

Inventory

Acct. Receiuable $($net$)$

Prepaid Dperating Espense

Total Current Assets

Honcurrent Assets

PP&E$,$ cost

Less: Depreciation

PP&E$,$ net

Land

Investments

Intangibles, net

Total Assets

Liabilities $8$ Shareholders" Equity

Current Liabilities

Notes Payable

Current Maturities of LTD

Acounts Payable

Interest Payable

Tanes Payable

Total Current Liabilities

Long Term Liabilities

Long$-$term Debt

Total Liabilities

Shareholders' Equity

Common Stook $($$$.05$ par value

Add'IPaid$-$in$-$Capital

Retained Earnings

Total Shareholders' Equity

Liabilities & Shareholder:

$\backslash$table$[[2017],[13,673,460],[8,599,442],[5074,018],[3,503,557],[18,000],[2,700],[1,549,761],[62,876],[1,486,885],[504,388],[982,497]]$

$\backslash$table$[[2017\_,2016\_,$Change$],[8,794,7,352,1,442],[94,153,42,045,52,108],[25,700,17,800,7,900],[35,103,25,393,9,710],[163,750,92,590,]]$

$\backslash$table$[[,,],[2017\_,,],[$$$13,673,460,,],[8,599,442,,],[5,074,018,,],[3,503,557,,],[18,000,,],[2,700,,],[1,549,761,,],[62\mathrm{.}876,,],[1,486,885,,],[504,388,,],[+,982,497,,],[2017\_,2016\_,$Change$],[8,794,7,352,1,442],[94,153,42,045,52,108],[25,700,17,800,7,900],[35,103,25,393,9,710],[163,750,*92,590,],[1,949,863,1,763,990,185,873],[-123,000,-105,000,-18,000],[1,826,863,1,658,990,167,873],[2,279,946,1,458,832,821,114],[615,722,414,725,200\mathrm{.}997],[9,780,6,700,3,080],[**4,896,061,+3,631,837,]]$

Prepare Casual Clothing's Cash Flow Statement using Indirect Method.

Follow steps outlined in page $8-9$ of the Mod $5$ notes to create cash flow statement

Cash inflows are positive numbers and cash outflows are negative numbers.