Jefferson Incorporated Comparative Balance Sheet For the Years Ended December 31, 2018 & 2017 2018 2017 Assets Current Assets Cash Accounts Receivable Inventony Prepaid Expenses Total Current Assets $243,700 $217,500 138,500178,500 207,500 112,000 87,500 $689,200 $595,500 99,500 Property, Plant, & Equipment Land Equipment Accumulated Depreciation Total PP&E 319,000250,000 129,00081,000 (92,000) (46,500) 356,000 284500 Total Assets $1,045,200 $880,000 Liabilities & Stockholders' Equity Liabilities Current Liabilities: Notes Payable Accounts Payable Sales Tax Payable Total Current Liabilities $34,000 $101,000 77,200 70,000 5,000 118,700176,000 7,500 Long-Term Liabilities Installment Notes Payable Total Liabilities 39,000 32,000 $157,700 $208,000 Stockholders' Equity Common Stock Additional Paid in Capital Retained Earnings Total Owners' Equity 349,500 197,000 225,000207,000 313,000268,000 887,500 672,000 $1,045,200 $880,000 Total Liabilities & Stockholders' Equity Additional Information: Dividends: $19,000 Directions: Prepare a Statement of Cash Flows for the year ended December 31, 2018. Comment on the health of the company's cash flows. Are they "healthy" or "poor?" A) B)