Problem 2-30 Statement of Cash Flows (LG2-5) Use the balance sheet and income statement below: Assets Current assets: Cash and marketable securities. Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets VALIUM'S MEDICAL SUPPLY CORPORATION Balance Sheet as of December 31, 2021 and 2020. (in thousands of dollars) 2021 2020 2021 Current liabilities: $ 76 $ 75 Accrued vages and taxes $ 54 189 185 Accounts payable 320 Notes payable 295 $555 154 135 $585 Total Long-tern debt $ 343 $588. $1,085 $ 154 890 117 Stockholders' equity: Preferred stock (6 thousand shares) $ Common stock and paid-in aurplus (100 thousand shares) Retained earnings $ 931 $ 773 142 142 $1,073 $915 $1,658 $1,470 6 $ 120 601 $727 $1,658 Total Total liabilities and equity Liabilities and Equity 2020 $ 45 145 135 $ 325 $564 6 120 455 $ 581 $1,470 $1,450 VALTUM'S MEDICAL SUPPLY CORPORATION Income Statement for years Ending December 31, 2021 and 2020 (in thousands of dollars) Net sales 2021 $ 900 2020 Less: Cost of goods sold 810 393 Gross profits 356 $507 5454 Lesas Other operating expenses 51 45 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $456 Less: Accumulated depreciation 37 Earnings before interest and taxes (EBIT) Less: Interest $ 419 Earnings before taxes (EBT) $409 35 #374 45 5328 69 $ 259 $ 6 52 $367 77 $290 $6 $ 284 Less: Taxen Net Income Less: Preferred stock dividends Net income available to common stockholders $ 253 Less: Common stock dividends 138 138 $ 146 $115 Addition to retained earnings Per (common) share data: $2.84 $2.53 Earnings per share (EPS) Dividends per share (DPS) $1.38 $1.38 $7.21 $5.75 Book value per share (BVPS) $8.24 56.23 Market value (price) per share (VPS) Prepare a statement of cash flows for Valium's Medical Supply Corporation. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) equity $1,470 Statement of Cash Flows for Year Ending December 31, 2021 (in thousands of dollars) Cash flows from operating activities Additions (sources of cash): Subtractions (uses of cash): Net cash flow from operating activities Cash flows from investing activities Subtractions: Net cash flow from investing activities Cash flows from financing activities Additions: Subtractions: Net cash flow from financing activities Net change in cash and marketable securities