Prepare an SCF for the year $2010$ based on the following information. The net income for

$2010$ is $$8,000$ and dividends of $$7,000$ were paid.

Assets $20092010$

Current Assets

Cash $$15,800$ $$16,600$

Credit card receivables $$813$ $$747$

Accounts receivable $7,3876,853$

Inventories $4,9256,275$

Marketable securities $2,9753,425$

Total Current Assets $$31,900$ $$33,900$

Property, plant, and equipment

Furniture$/$Equipment $$15,700$ $$19,700$

Accumulated depreciation $(4,600)(5,600)$

Net Property, plant and equipment $$11,100$ $$14,100$

Total Assets $$43,000$ $$48,000$

Liabilities and SWockholdeUV$$ EqXiW$\backslash$

Current Liabilities

Accounts payable $$3,800$ $$6,100$

Accrued expenses payable $800700$

Taxes payable $2,4001,200$

Total Current Liabilities $$7,000$ $$8,000$

Long$-$term Liabilities

Mortgage payable $$24,800$ $$26,800$

Total Liabilities $$31,800$ $$34,800$

Stockholders$$ Equit$\backslash$

Common stock $$5,200$ $$6,200$

Retained earnings $6,0007,000$

Total SWockholdeUV$$ Equity $$11,200$ $$13,200$

Total Liabilities and SE $$43,000$ $$48,000$