Please see the income statement and balance sheet information below for Vandelay Industries and prepare a statement of cash flows on a separate sheet of paper. Please label with the appropriate categories: operating activities, investing activities and financing activities. Assume that Vandelay had no amortization expenses, just depreciation. *Additionally, Vandelay Industries made dividend payments of $11,000 in 2015. $ Vandelay Industries' Income Statement 2014 Net sales $ 3,432,000 Cost of Goods Sold Except Depr. 2,864,000 Depreciation and amortization 18,900 Other Operating Expenses 340,000 Total Operating costs $ 3,222 900 EBIT $ 209,100 Less interest 62,500 Pre-tax earnings $ 146,600 Taxes (40%) 58,640 Net Income $ 87,960 $ $ 2015 5,834,400 4,784,208 116,960 720,000 5,621,168 213,232 175,000 38,232 15,293 22,939 $ $ 2015 $ Vandelay Industries' Balance Sheets 2014 Assets Cash and equivalents $ 9,000 Accounts receivable 351,200 Inventories 715,200 Total current assets $ 1,075,400 Net Fixed Assets $ 344,800 Total assets $ 1,420,200 125,357 632,160 1,287,360 2,044,877 939,790 2,984,667 $ $ $ $ Liabilities and equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Common Stock Retained Earnings Total Equity Total Liabilites and Equity $ 145,600 151,400 136,000 $ 433,000 $ 323,432 460,000 203.768 $ 663.768 $ 1,420,200 $ $ 324,000 700,000 284,960 1,308,960 1,000,000 460,000 215,707 675,707 2,984,667 $ $