INSTRUCTIONS:
Prepare the statement of cash flows using proper format.
	ADDITIONAL INFORMATION for 2020:
	Net income for 2020		1,700
	Depreciation expense		400
	Cash dividends declared and paid		200
	Cash received for equipment sold		700
	Original cost of equipment sold		1,000
	Loss on sale of equipment		100
	Additional equipment purchased		2,500
	Additional investments were purchased

	BEGINNING	ADJUSTMENTS		ENDING
	BALANCES	DEBITS	CREDITS	BALANCES
DEBIT BALANCE ACCOUNTS
Cash	700			1,000
Accounts receivable	800			1,100
Inventory	2,000			1,800
Investments	1,000			1,900
Plant assets	4,500			6,000
	9,000			11,800
CREDIT BALANCE ACCOUNTS
Accumulated depreciation	800			1,000
Accounts payable	700			500
Bonds payable	2,500			2,800
Common stock	4,000			5,000
Retained earnings	1,000			2,500
Totals	9,000			11,800