Prepare the $2021$ statement of cash flows for Smolira Golf Corp. $($Negative

answers should be indicated by a minus sign.$)$ Problem $3-28$ Statement of Cash Flows $[$LO$1]$

Some recent financial statements for Smolira Golf Corporation follow.

$\backslash$table$[[\backslash$table$[[$SMOLIRA GOLF CORPORATION$],[2020$ and $2021$ Balance Sheets$]]],[$Assets$,2020,2021,$Liabilities and Owners' Equity,$2020,2021],[$Current assets,,,Current liabilities,,$],[$Cash$,$$$35,685,$$$39,032,$Accounts payable,$$38,992,$$$43,232],[$Accounts receivable,$18,451,28,936,$Notes payable,$20,308,17,175],[$Inventory$,4,000,43,152,$Other,$21,034,25,674],[$Total$,$$$58,136,$$$111,120,$Total,$$80,334,$$$86,081],[,,$Long$-$term debt,$$121,500,\backslash$table$[[\backslash$table$[[$$$],[185,476]]]]],[,,$Owners' equity,,$],[,,$Common stock and paid$-$in surplus,$$56,300,$$$56,300],[,,$Accumulated retained earnings,$265,702,304,846],[$Fixed assets,,,,,$],[$Net plant and equipment,$$465,700,$$$521,583,$Total,$\backslash$table$[[\backslash$table$[[$$$],[322,002]]]],$$$361,146],[$Total assets,$$523,836,$$$632,703,$Total liabilities and owners' equity,$$523,836,\backslash$table$[[\backslash$table$[[$$$],[632,703]]]]]]$ Prepare the $2021$ statement of cash flows for Smolira Golf Corp. $($Negative

answers should be indicated by a minus sign.$)\backslash$table$[[$SMOLIRA GOLF CORPORATION$],[$Statement of Cash Flows$],[$For $2021],[$Cash$,$ beginning of the year,$$,35,685],[$Operating activities$],[$Net income,$$,63,144],[$Add: Depreciation,,$46,088],[$Add: Increase in accounts payable$],[$Add: Increase in other current liabilities$],[$Less: Increase in accounts receivable$],[$Less: Increase in inventory$],[$Net cash from operating activities$],[$Investment activities$],[$Fixed asset acquisition$],[,,],[$Net cash from investment activities$],[$Financing activities$],[$Decrease in notes payable$],[$Dividends paid$],[$Increase in long$-$term debt$],[$Net cash from financing activities$],[$Net increase in cash$],[$Cash$,$ end of year,,$]]$