Question

Use the following excerpts from Zowleski Company's financial information to
prepare a statement of cash flows for the year 2018.
	Dec31,	Dec31
	2018	2017
Cash	92,300	85,000
Accounts Receivable	22,000	22,900
Merchandise Inventory	140,000	131,000
Plant Assets	180,000	150,000
Accumulated Depreciation	-25,000	-21,000
Total Assets	403,300	367,900
Accounts payable	18,500	21,000
Common Stock	135,500	120,000
Retained Earnings	20,000	20,000
Total Liabilities and Equity	235,300	206,900
	409,300	367,900
Additional information:
Net income for 2018	28,400
Depreciation expenses for 2018 (accumulated depreciation increase)	4,000
Plant assets purchased (plant assets increase), financed by note	30,000
Notes payable increased by amount of plant assets purchase	30,000
Notes payable decreased by amount of principal note payments	14,500