Net Income/Loss $ 72270 Depreciation CP 24,000 Increase in Accounts Receivable 13,000 Decrease in Inventories - 15,000 Increase in Accounts Payable 14,000 Cash from Operations Investing Activities Purchase of Fixed Assets 225,000 Investing Activities Purchase of Fixed Assets 225,000 Cash from Investment 307,270 Financing Activities Issuance of Long-term debt 96,000 Issuance of Common Stock 500 Dividends Paid 25,000 Cash from Financing 121,500 Net Change in Cash 511,040 Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using either a negative sign preceding the number 4.8. -45 or parentheses e.g. (45).) Sales 2020 $1,243,000 $685,000 Cost of goods sold $558,000 $159.000 Gross profit Gen'l & admin expense Selling & mkt expense Depreciation Operating income $135,000 $24,000 $240.000 Interest $141.000 Income before taxes $99,000 $26,730 Income taxes (279) $72.270 Net income $25.000 Dividends paid Assets 2020 2019 Cash $24,000 $15,230 Accounts receivable $125,000 $112,000 Inventory $200,000 $215,000 Total current assets $349,000 $342.230 $700,000 $475,000 Gross plant and equipment Less: accum.depreciation $313,000 $289,000 Net plant and equipment $387,000 $186,000 Total assets $736,000 $528,230 Liabilities Accounts payable $119,000 $105,000 Notes payable $28,000 $28,000 Total current liabilities $147,000 $133,000 Long-term debt $246,000 $150,000 Total liabilities $393,000 $283,000 Common stock.($0.01 pard $4.500 $4.0.0.0 Paid-in capital $220,500 $170,500 Retained earnings $118,000 $70,730 Total stockholders' equity $343,000 $245,230 Total liabilities and equity $736,000 $528,230