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Please answer the following question but disregard the work I've done. 12,000 Some recent financial statements for Earl Grey Golf Corp. follow. EARL GUY GOLF

Please answer the following question but disregard the work I've done.

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12,000 Some recent financial statements for Earl Grey Golf Corp. follow. EARL GUY GOLF CORP. 2017 and 2018 Statement of Financial Ponition Aunt Liabilities and On Equity 2017 2018 2013 Current annet Current liabile Caah $ 24,046 $ 24,255 Accounts payable 5 23,134 Accounts receivable 12,440 15,235 Notes payable Inventory 25,312 23.155 Othe 11,571 Total 5 61,116 366,643 Total 546,755 Long-term debit 5 80.000 Fixed Ourra' equity Set plant and equipment 5324,615 5363,734 Common stock and paid is surplus $ 40,000 Retained earning 219.626 Total $259,826 Total a $386,38: $432,379 Total liabilities and veza' equity 5386,501 $ 27, 420 10, BD 15,553 53,773 5 95.000 $ 40,000 243, 6DE 5233, DE 5432,379 EARL GREY COLT CORP. 2013 Statement of Comprehensive Income Sales $366,996 Cost of goods sold 253,122 Depreciation 32,220 Earning butore interest and taxes 5 31,654 Interest paid 14,300 Taxable in 5 67,354 Taxes (3511 23,574 Net som 543,700 Dividende $20,000 Addition to retained earnings 23,900 Prepare the 2018 statement of cash flows for Earl Grey Golf Corp. (Negative answers should be indicated by a minus sign. Omit $ sign in your response.) 24,046 EARL GREY GOLF CORP. Statement of Cash Flows for 2018 Cash, beginning of the year $ Operating activities Net income 5 Add. Depreciation $ Add. Increase in counts payable Add: Increase in other current liabilities Lesa: Increase in accounts receivable 5 Lesa: Increase in inventory Nutcash from operating activities S Investment activities Fixed asset acquisition $ Nutcash from investment activities $ Financing activities Decrease in notes payable $ Dividends paid Increase in long-term debat 43,790 32,220 4,236 3,902 12,787) 11,783) 79,668 (41039) (41 099) 11.2001 (20,000) 15,000 Nutcash from financing activities Casl, and of year

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