prepare a cash flows statement.

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Financial statement as on 1/1/2019 Assets Non-current asstets long term investment bond sinking fund $ 130,000.00 property plant and equipment land $ 43,000.00 building $ 306,000.00 accumelated depreciation -building 73040 $ 232,960.00 trucks and lifts 78400 accumelated depreciation - trucks and lifts 39540 38860 furniture and equipment 32800 accumelated depreciation -furniture and equipment 13200 19600 $334,420.00 total non-current asset $ 464,420.00 current assets inventory 450960 prepaid rent 3630 prepaid insurance 2560 office supplies 470 interest receivable 580 note receivable 40000 account receivable 253643 allowance for uncollectable 13520 240123 cash 40770.00 total current asset 779093.00 TOTAL Assets $ 1.243,513.00 Equity & Liabilities Equity share capital-ordinary $ 189,000.00 share premuim-ordinary 256400 retained earning 362748 less: Treasery shares 44610 total equity $763,538.00 Non-current liabilities mortgage note payable $ 43,000.00 bonds payable 275000 less discount on bond 4400 total non-current liabilities $ 313,600.od current liabilities Notes payable 15000 Accounts payable 86352 Salaries and wages payable 1906 FICA Taxes payable 781 Federal withholding taxes payable 5148 State withholding taxes payable 1595 Federal unemployment taxes payable 216 State unemployment taxes payable 1323 Dividends payable 23100 Interest payable 15165 Income taxes payable 15789 166375 TOTAL Liabiliteies $ 479,975.00 total equity & Liabilities $ 1,243,513.00 Cr. 263803.00 225 322630 110930 104200 1668 476401 830 2820 3630 160000 99650 306000 91520 70500 47240 38900 14420 15000 246399 3971 6520 10199 4636 400 2600 14310 26945 Trial Balance Dr. cash petty cash account receivable Allowance for uncollectibles Notes receivable Interest receivable Inventory Office supplies Prepaid insurance Prepaid rent Bond sinking fund Land Buildings Accumulated depreciation - Buildings Trucks and lifts Accumulated depreciation - Trucks and lifts Furniture and equipment Accumulated depreciation - Furniture and equipment Notes payable Accounts payable Salaries and wages payable FICA Taxes payable Federal withholding taxes payable State withholding taxes payable Federal unemployment taxes payable State unemployment taxes payable Dividends payable Interest payable Income taxes payable Mortgage notes payable Bonds payable (issued March 1, 2013) Discount on bonds payable Common stock (5,900 shares, stated value $30) Additional paid-in capital Retained earnings Treasury stock Sales Sales returns and allowances Sales discounts Cost of goods sold Advertising expense Sales salaries and commissions Delivery and warehouse wages Payroll taxes expense-Selling, delivery, and warehod Delivery expense Office and administrative salaries Office expenses Payroll taxes expense-Office and administration Utilities expense Income tax expense Interest expense loss on sale bad debt expense supplies expense insurance expense rent expense depreciation expense Interest Revenue total 113000 274120 3520 207000 292400 348438 127610 5594052 14060 77141 3932462 8178 148990 126846 17055 19467 714416 1682 69121 17478 72000 51515 500 110050 2850 8200 21780 32650 4818 7428918 7428918 B 3 4 5 6 55940521 14060 77499 5502493 3932462 1570031 F H Retained earning statement For the period ended 31/12/2019 retained earning 1/1 256400 add: Net income 851830 less cash dividends 14310 retained earning 12/31 1093920 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 net income statement For the period ended 31/12/2019 sales less: sales return and allowance less sales discount net sales COGS Gross Profit selling expense: advertising expense 8178 salaries and wages commission 148990 Delivery and warehouse wages 126846 Delivery expense 19467 Payroll taxes expense-Selling, delivery, and warehouse 17055 total selling expense 320536 administrative expense: Office and administrative salaries 69121 Office expenses 1682 Payroll taxes expense-Office and administration 69121 Utilities expense | 174781 Interest expense 51515 bad debt expense 110050 supplies expense 2850 insurance expense 8200 rent expense 21780 depreciation expense 32650 total administrative expense 3844471 other income and expense Interest revenue 48181 loss on sale 500 income before tax 869366 tax expense 17536 net income 1661114 EPS 851830 160.7226200 Financial statement as on 1/1/2019 Assets Non-current asstets long term investment bond sinking fund $ 130,000.00 property plant and equipment land $ 43,000.00 building $ 306,000.00 accumelated depreciation -building 73040 $ 232,960.00 trucks and lifts 78400 accumelated depreciation - trucks and lifts 39540 38860 furniture and equipment 32800 accumelated depreciation -furniture and equipment 13200 19600 $334,420.00 total non-current asset $ 464,420.00 current assets inventory 450960 prepaid rent 3630 prepaid insurance 2560 office supplies 470 interest receivable 580 note receivable 40000 account receivable 253643 allowance for uncollectable 13520 240123 cash 40770.00 total current asset 779093.00 TOTAL Assets $ 1.243,513.00 Equity & Liabilities Equity share capital-ordinary $ 189,000.00 share premuim-ordinary 256400 retained earning 362748 less: Treasery shares 44610 total equity $763,538.00 Non-current liabilities mortgage note payable $ 43,000.00 bonds payable 275000 less discount on bond 4400 total non-current liabilities $ 313,600.od current liabilities Notes payable 15000 Accounts payable 86352 Salaries and wages payable 1906 FICA Taxes payable 781 Federal withholding taxes payable 5148 State withholding taxes payable 1595 Federal unemployment taxes payable 216 State unemployment taxes payable 1323 Dividends payable 23100 Interest payable 15165 Income taxes payable 15789 166375 TOTAL Liabiliteies $ 479,975.00 total equity & Liabilities $ 1,243,513.00 Cr. 263803.00 225 322630 110930 104200 1668 476401 830 2820 3630 160000 99650 306000 91520 70500 47240 38900 14420 15000 246399 3971 6520 10199 4636 400 2600 14310 26945 Trial Balance Dr. cash petty cash account receivable Allowance for uncollectibles Notes receivable Interest receivable Inventory Office supplies Prepaid insurance Prepaid rent Bond sinking fund Land Buildings Accumulated depreciation - Buildings Trucks and lifts Accumulated depreciation - Trucks and lifts Furniture and equipment Accumulated depreciation - Furniture and equipment Notes payable Accounts payable Salaries and wages payable FICA Taxes payable Federal withholding taxes payable State withholding taxes payable Federal unemployment taxes payable State unemployment taxes payable Dividends payable Interest payable Income taxes payable Mortgage notes payable Bonds payable (issued March 1, 2013) Discount on bonds payable Common stock (5,900 shares, stated value $30) Additional paid-in capital Retained earnings Treasury stock Sales Sales returns and allowances Sales discounts Cost of goods sold Advertising expense Sales salaries and commissions Delivery and warehouse wages Payroll taxes expense-Selling, delivery, and warehod Delivery expense Office and administrative salaries Office expenses Payroll taxes expense-Office and administration Utilities expense Income tax expense Interest expense loss on sale bad debt expense supplies expense insurance expense rent expense depreciation expense Interest Revenue total 113000 274120 3520 207000 292400 348438 127610 5594052 14060 77141 3932462 8178 148990 126846 17055 19467 714416 1682 69121 17478 72000 51515 500 110050 2850 8200 21780 32650 4818 7428918 7428918 B 3 4 5 6 55940521 14060 77499 5502493 3932462 1570031 F H Retained earning statement For the period ended 31/12/2019 retained earning 1/1 256400 add: Net income 851830 less cash dividends 14310 retained earning 12/31 1093920 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 net income statement For the period ended 31/12/2019 sales less: sales return and allowance less sales discount net sales COGS Gross Profit selling expense: advertising expense 8178 salaries and wages commission 148990 Delivery and warehouse wages 126846 Delivery expense 19467 Payroll taxes expense-Selling, delivery, and warehouse 17055 total selling expense 320536 administrative expense: Office and administrative salaries 69121 Office expenses 1682 Payroll taxes expense-Office and administration 69121 Utilities expense | 174781 Interest expense 51515 bad debt expense 110050 supplies expense 2850 insurance expense 8200 rent expense 21780 depreciation expense 32650 total administrative expense 3844471 other income and expense Interest revenue 48181 loss on sale 500 income before tax 869366 tax expense 17536 net income 1661114 EPS 851830 160.7226200