Question A

Use the following excerpts from Wickham Company's financial information to
prepare a statement of cash flows for the year 2018.
	Dec,31,2018	Dec,31,2017
Cash	$225,000	$200,000
Account Receivable	38,350	35,350
Merchandise Inventory	59,500	58,200
Land	150,000	50,000
Plant Assets	160,000	160,000
Accumulated Depreciation	-49,000	-37,000
Total Assets	583,850	466,550
Account payable	29,100	27,300
Accued Liabilities	15,500	12,000
Common Stock	45,000	20,000
Retained Earnings	494,250	407,250
TotaL Liabilities and Equity	583,850	466,550
Additional information
Net income for 2018	98,000
Depreciation expenses for 2018	12,000
Land purchased for cash	100,000
Stock issued in exchange for cash at par value	25,000
Dividends declared and paid	11,000