Minneapolis, Inc. is a small shop in the neighborhood that sells fruit. The owner you to help with her accounting. The previous accountant got married and left was able to nish the nancial statement except the statement of cash ow so 1 statement of cash ow as your rst job. Ms. Foster prepared the following nancial statements. Total Revenues 400,000.00 $ Cost of Goods Sold $ 250,000.00 Gross Prot $ 150,000.00 Operating Expenses - Salaries Expense $ 18,000.00 - Depreciation Expense $ 20,000.00 - Insurance expense $ 8,000.00 - Rent expense $ 2,000.00 - Utilities expense $ 2,500.00 $ 500.00 - Miscellaneous expenses Total Operating Expenses $ 51,000.00 Operating Prot $ 99,000.00 Interest income $ 8,000.00 Net Income $ 107,000.00