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Prepare a Cash flows Statement from the below information and answer the subsequent questions 2013 Income Statement ( $ in thousands) Sales Revenue 5,000 Depreciation
Prepare a Cash flows Statement from the below information and answer the subsequent questions 2013 Income Statement ( $ in thousands) Sales Revenue 5,000 Depreciation expense Selling & Admin expenses Income before taxes Income tax expense Net Income quad12//31//13^(r)12//31//12 Balance Sheet ( $ in thousands) Cash Accounts Receivable Property Plant & Equipment Less Accum Depr Total Assets Accounts payable income tax payable Common Stock Retained Earnings 280 3,720 4,000 1,000 300 700 12//31//13^(r)12//31//12 900 750 450 365 1,800 1,450 (800) (520) (800) 2,350 2,045 2,350 2,045 400 325 80 130 700 700 1170 890 Total Assets Total Assets 2,350 2,045 Accounts payable 400 325 Income tax payable 80 130 Common Stock 700 700 Retained Earnings 1170 890 Total Liab &
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