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make a statement of cash flows from the following information net income-87000 depreciation 35000 purchased fixed assets paying cash 310000 received $90000 cash for issuance

make a statement of cash flows from the following information

net income-87000

depreciation 35000

purchased fixed assets paying cash 310000

received $90000 cash for issuance of notes payable

received $120000 cash for issuance of common stock

paid $20000 for purchase of treasury stock

ending cash balance 95000

assets:

current assets: 2017 2016

cash 95000 20000

accounts receivable 75000 85000

inventory 100000 80000

long term assets:

plant assets 430000 120000

accumulated depreciation 12000 9000

total assets 712000 314000

liabilities:

current liabilities:

accounts payable 32000 20000

accrued liabilities 86000 15000

long term liabilities:

notes payable 90000 0

total liabilities 208000 35000

stockholders equity

common stock 220000 100000

retained earning 219000 179000

treasury stock 20000 0

total stockholders equity 459000 279000

total stockholders equity and liabilities 667000 314000

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