*** Please explain in detail your calculations and DO NOT copy from previous Chegg answers.

15/The Schuster Corporation's balance sheets at the end of the two most recent fiscal years are shown below: Fiscal Years Ended October 31, ($000) 2006 2007 Assets Cash Accounts receivable Inventory Other current assets Total current assets Fixed assets, at cost Less: accumulated depreciation Net fixed assets Total assets $1,732 7,219 4,086 781 13,818 16,083 (7,616) 8,467 $22,285 $1,915 8,613 5,118 836 16,482 16,991 (9,085) 7,906 $24,388 Fiscal Years Ended October 31, ($000) 2006 2007 Liabilities and Owners' Equity Accounts payable Other current liabilities Total current liabilities Long-term debt Owners' equity Capital stock Retained earnings Total liabilities and owners' equity $3,923 4,086 8,009 5,500 $4,772 4,931 9,703 5,000 2,861 5,915 $22,285 3,015 6,670 $24,388 For fiscal year 2007, Schuster recorded $2,300,000 in depreciation expense and paid dividends totaling $1,100,000. Construct a cash flow statement for Schuster for 2007 in as much detail as possible. 15/The Schuster Corporation's balance sheets at the end of the two most recent fiscal years are shown below: Fiscal Years Ended October 31, ($000) 2006 2007 Assets Cash Accounts receivable Inventory Other current assets Total current assets Fixed assets, at cost Less: accumulated depreciation Net fixed assets Total assets $1,732 7,219 4,086 781 13,818 16,083 (7,616) 8,467 $22,285 $1,915 8,613 5,118 836 16,482 16,991 (9,085) 7,906 $24,388 Fiscal Years Ended October 31, ($000) 2006 2007 Liabilities and Owners' Equity Accounts payable Other current liabilities Total current liabilities Long-term debt Owners' equity Capital stock Retained earnings Total liabilities and owners' equity $3,923 4,086 8,009 5,500 $4,772 4,931 9,703 5,000 2,861 5,915 $22,285 3,015 6,670 $24,388 For fiscal year 2007, Schuster recorded $2,300,000 in depreciation expense and paid dividends totaling $1,100,000. Construct a cash flow statement for Schuster for 2007 in as much detail as possible