Marlett Company

Financial Information

December $2009$ December $2010$

Net Income $$2,000$ $$4,000$

Accounts receivable $7501,250$

Accumulated depreciation $1,0001,400$

Common stock $4,5005500$

Paid$-$in capital $7,5008500$

Retained earnings $1,5003,500$

Accounts payable $750950$

Based on the information in Table $3-3,$ prepare a statement of cash flows for $2010.$ Assume that there were no changes in any other asset or liability accounts, and that the ending cash balance for $2009$ was $$100.$