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Prior Year Prepare the statement of cash flows based on the follo Balance Sheet Current Year Assets 381,024 370,440 343,980 238.140 441,000 423,360 317,520 423,360

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Prior Year Prepare the statement of cash flows based on the follo Balance Sheet Current Year Assets 381,024 370,440 343,980 238.140 441,000 423,360 317,520 423,360 . . . Cash Accounts Receivable Inventory Property And Equipment, net Total Assets 1,333,584 . 1,605,240 63,504 264,600 68,796 31/520 . Liabilities: Accounts Payable Notes Payable, Long-Term Stockholders' Equity: . Common Stock Retained Earnings Total Liabilities & Stockholders' Equity Income Statement 705,600 571,536 423,360 523.908 1,605,240 1,333,584 Sales 1,058.400 Cost of Goods Sold 582,120 Stockholders' Equity: 705,600 571 536 423,360 523.908 . 1,333,584 . 1,605,240 Common Stock Retained Earnings Total Liabilities & Stockholders' Equity Income Statement Sales 1,058,400 Cost of Goods Sold 582,120 Depreciation Expense Other Expenses 264.600 132,300 79,380 Net Income Other information from the company's records includes the following: Purchased property and equipment - $264,600 Paid off notes payable - $52.920 Issued common stock - $282,240 Paid dividends - 584,672 . Fill out the statement of cash flows below. Make sure you note negative numbers in 0. CASH FLOWS FROM OPERATING ACTIVITIES Non-Cash Income Statement Items Accounts Receivable . Inventory Accounts Payable CASH FLOWS FROM INVESTING ACTIVITIES Property & Equipment CASH FLOWS FROM FINANCING ACTIVITIES Notes Payable (long term) . Common Stock Dividends Net increase in cash Cash, beginning of period _381024

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