Question: Prepare the statement of cash flow.

Hanna's Hinges, Inc. Consolidated Balance Sheet As of Dec. 31 2019 (thousands) 2018 $ 271 223 420 914 1,350 (173) 1.177 275 95 $ 2,461 Assets Current assets: Cash and cash equivalents (note 1) Accounts receivable Inventories Total current assets Property, plant and equipment (note 2) Less accumulated depreciation Property, plant and equipment (net) Investments (note 3) Patents (note 4) Total assets Liabilities Current Liabilities: Accounts payable Dividends payable Total current liabilities Long-term debt Stockholders' Equity Common stock at par ($0.01 par value, note 6) Additional paid-in capital Retained earnings (note 5) Total stockholders' equity Total liabilities and stockholders' equity $ 100 175 475 750 800 (220) 580 300 0 $ 1,630 $ 255 45 300 1,350 $ 285 60 345 1,000 20 608 183 811 $ 2.461 8 192 85 285 $ 1.630 Hanna's Hinges, Inc. Consolidated Statement of Earnings Year Ended Dec. 31 (thousands 2019 $ 3,553 2.487 1,066 714 352 Net Sales Cost of sales Gross profit Selling general and administrative Operating income Other expenses (income) Insurance expense Interest expense Dividends and interest earned on investments Gain on sale of investments (note 3) Gain on sale of facilities (note 2) Income before income taxes Income taxes expense (benefit) 87 115 (30) (20) 200 42 Net Income $ 158 Hanna's Hinges, Inc. Notes to the Consolidated Financial Statements Year Ended Dec. 31 (all numbers in thousands) ** -Dollar amounts are in thousands, other numbers are not Note 1 Cash and cash equivalents include cash and those short-term, highly-liquid investments with original maturities of three months or less. Note 2 During 2019, total depreciation deducted on the income statement was $73. During 2019, one piece of equipment was acquired. A model BB-8 Brass Bender worth $350 was acquired in exchange for the issuance of 1,000 new shares. In late December of 2019, the company moved its operations to a larger facility. The old premises were sold (see below) and a new facility was acquired. The new facility cost $450 and was financed through a combination of a cash down payment of $100 and the developer directly accepting a mortgage for the remaining balance of $350. During 2019, the old manufacturing facilities were sold. These were the only purchases, sales or retirements of property, plant and equipment during the year Note 3: Note 4 During 2019, Hanna sold investments for cash proceeds of $145. Investments were purchased for cash during the year, as well. On Jan 01, 2019, Hanna acquired a patent for cash of $100. The patent provides exclusive use of a technology that can be used to make silent-closing hinges. The legal life of patents is 20 years and the company sees no end to the benefit of this technology During 2019, dividends were declared on the common stock. Dividends payments were also made during the year. During 2019, a total of 1,200 common shares were issued. Of this total, 1,000 were issued to acquire a patent (see Note 3). The other 200 shares were sold on the market for cash proceeds of $78 Note 5 Note 6 Hanna's Hinges, Inc. Consolidated Statements of Cash Flows Year Ended Dec. 31 Operating activites: Earnings Reconciling items (provide explanations): 2019 $ Cash from operating activities Investing activities: Sources/Uses of cash (provide explanations): S Cash from investing activities Financing activities: Sources/Uses of cash (provide explanations): Cash from financing activities $ Increase in cash and cash equivalents $ Hanna's Hinges, Inc. Consolidated Balance Sheet As of Dec. 31 2019 (thousands) 2018 $ 271 223 420 914 1,350 (173) 1.177 275 95 $ 2,461 Assets Current assets: Cash and cash equivalents (note 1) Accounts receivable Inventories Total current assets Property, plant and equipment (note 2) Less accumulated depreciation Property, plant and equipment (net) Investments (note 3) Patents (note 4) Total assets Liabilities Current Liabilities: Accounts payable Dividends payable Total current liabilities Long-term debt Stockholders' Equity Common stock at par ($0.01 par value, note 6) Additional paid-in capital Retained earnings (note 5) Total stockholders' equity Total liabilities and stockholders' equity $ 100 175 475 750 800 (220) 580 300 0 $ 1,630 $ 255 45 300 1,350 $ 285 60 345 1,000 20 608 183 811 $ 2.461 8 192 85 285 $ 1.630 Hanna's Hinges, Inc. Consolidated Statement of Earnings Year Ended Dec. 31 (thousands 2019 $ 3,553 2.487 1,066 714 352 Net Sales Cost of sales Gross profit Selling general and administrative Operating income Other expenses (income) Insurance expense Interest expense Dividends and interest earned on investments Gain on sale of investments (note 3) Gain on sale of facilities (note 2) Income before income taxes Income taxes expense (benefit) 87 115 (30) (20) 200 42 Net Income $ 158 Hanna's Hinges, Inc. Notes to the Consolidated Financial Statements Year Ended Dec. 31 (all numbers in thousands) ** -Dollar amounts are in thousands, other numbers are not Note 1 Cash and cash equivalents include cash and those short-term, highly-liquid investments with original maturities of three months or less. Note 2 During 2019, total depreciation deducted on the income statement was $73. During 2019, one piece of equipment was acquired. A model BB-8 Brass Bender worth $350 was acquired in exchange for the issuance of 1,000 new shares. In late December of 2019, the company moved its operations to a larger facility. The old premises were sold (see below) and a new facility was acquired. The new facility cost $450 and was financed through a combination of a cash down payment of $100 and the developer directly accepting a mortgage for the remaining balance of $350. During 2019, the old manufacturing facilities were sold. These were the only purchases, sales or retirements of property, plant and equipment during the year Note 3: Note 4 During 2019, Hanna sold investments for cash proceeds of $145. Investments were purchased for cash during the year, as well. On Jan 01, 2019, Hanna acquired a patent for cash of $100. The patent provides exclusive use of a technology that can be used to make silent-closing hinges. The legal life of patents is 20 years and the company sees no end to the benefit of this technology During 2019, dividends were declared on the common stock. Dividends payments were also made during the year. During 2019, a total of 1,200 common shares were issued. Of this total, 1,000 were issued to acquire a patent (see Note 3). The other 200 shares were sold on the market for cash proceeds of $78 Note 5 Note 6 Hanna's Hinges, Inc. Consolidated Statements of Cash Flows Year Ended Dec. 31 Operating activites: Earnings Reconciling items (provide explanations): 2019 $ Cash from operating activities Investing activities: Sources/Uses of cash (provide explanations): S Cash from investing activities Financing activities: Sources/Uses of cash (provide explanations): Cash from financing activities $ Increase in cash and cash equivalents $