Overview: This assignment is designed to assess your knowledge of preparing the statement of cash flows using source information for a company. Learning Outcome: This assignment relates to the following learning outcome for this course: "Prepare and interpret cash flow statements. Instructions: Use the following excerpts from XYZ's financial information to prepare a statement bf cash flows for the year 2018. Use the Indirect Method. Show all calculations necessary. After preparing the statement of cash flows, write a short reflection of your interpretation of the financial health of XYZ from the completed statement. Submission: You may use Word, Excel, or Handwrite your answer. If you choose to handwrite your answer, you must upload a photo(s) or scan a PDF of your work to upload into.Blackboard. Once you complete your assignment, please upload all parts into Blackboard through the link provided by the due date. Grading: This assignment is worth 20 points. Points are as follows: Operating Activities Section accuracy and completion showing all calculations: 10 points Investing Activities Section accuracy and completion showing all calculations: 5 points Financing Activities Section accuracy and completion showing all calculations: 5 points Please see next page for problem information. Below is the information provided to you from Company XYZ Please use this information to prepare a statement of cash flows for the company using the indirect method. Show all work and calculations. In addition, underneath your statement write a brief 150 word minimum reflection about the financial health of the company given this information. Dec. 31, 2018 $100,000 19,000 29,000 132,000 90,000 (37,000) 333,000 Dec. 31, 2017 $ 93,000 18,000 31,500 120,000 90,000 (23,000) 329,500 Cash Account Receivable Merchandise Inventory Investments Plant Assets Accumulated Depreciation Total Assets Accounts Payable Accrued Liabilities Common Stock Retained Earnings Total Liabilities and Equity Additional information: Net income (loss) for 2018 Depreciation expense for 2018 Investments purchased, for cash Common stock issued for cash, at par value Dividends declared and paid 12,100 2,400 81,000 237,500 333,000 13,400 1,900 63,000 251,200 329,500 (5,700) 14,000 12,000 18,000 8,000