Please prepare a statement of cash flows (indirect method) for the accounting period of 2018 (1st of January 2018 – 31st of December 2018), using the templates provided.

BACCI’S BAKERY Notes of the financial statements for 2018 

Note 1: Land and Equipment During the fiscal year of 2018, the only purchases and sales of land and equipment were the following: x Sale of a dough-kneading machine that was originally purchased for CHF 1,800, the net book value of the machine was CHF 1,550 x Cash purchase of an oven, costing CHF 3,700. x Sale of land in cash originally purchased at CHF 6,800. A gain of CHF 1,700 was realized. 

Note 2: Debts In 2018, Bacci’s Bakery wanted to expand its operations and took a new long-term loan from the bank. Bacci’s Bakery also reimbursed CHF 1,800 of the previous long-term loan. 

Note 3: Stockholders’ Equity During 2018, Bacci’s Bakery made the following transactions related to Stockholders’ Equity: x Issued 400 shares of common stock with a par value of CHF 1. The stocks were sold to the stockholders with additional paid-in capital of CHF 6 per share. x Reissued half of the previously held treasury shares with a gain of CHF 1,200. x Declared CHF 280 of dividends for 2018.
 

Bacci's Bakery Balance Sheet At 31* of December 2018 and 2017 In CHF 2018 2017 Assets Cash 63,815 28,580 13,500 2,400 8,650 Accounts Receivable 10,670 Prepaid Insurance Food Inventory 3,200 7,600 Total Current Assets 85,285 53,130 Land 5,200 4,400 12,000 2,500 Machinery and Equipment Accumulated Depreciation - Machines and Equipment = Machines and Equipment - net (430) 3,970 (250) 2,250 Total Non-Current Assets 9,170 14,250 Total Assets 94,455 67,380 Liabilities and Stockholders' Equity Accounts Payable 12,050 12,350 5,780 Unearned Revenues 7,530 Dividends Payable 260 150 Total Current Liabilities 19,840 18,280 Long Term Loan 17,800 17,800 10,800 10,800 Total Non-Current Liabilities Total Liabilities Common Stock (par value CHF 1) Treasury Shares Additional Paid-in Capital Retained Earnings Total Stockholders' Equity Total Liabilities + Stockholders' Equity 37,640 29,080 4,500 (1,500) 28,200 25,615 4,100 (3,000) 24,600 12,600 56,815 38,300 94,455 67,380