Review the statement of cash flows for Tesla Motors Inc.

Discuss the cash position of the company by considering the following:

1. How can you explain the difference between cash flow from operating activities and the net loss for this company?
2. How is Tesla repaying its debt?
3. Does the companys cash flow position appear to be improving?

\begin{tabular}{|lrr|} \hline Account Title & \multicolumn{1}{c|}{ Year 2 } & \multicolumn{1}{c|}{ Year 1 } \\ Accounts receivable & $31,000 & $36,000 \\ Merchandise inventory & 70,000 & 65,000 \\ Prepaid insurance & 25,000 & 24,000 \\ Accounts payable & 18,000 & 20,000 \\ Salaries payable & 5,100 & 4,500 \\ Unearned service & 10,200 & 9,500 \\ revenue & & \\ \hline \end{tabular} \begin{tabular}{|lr|} \hline \multicolumn{2}{|c|}{ Income Statement } \\ Sales & $495,000 \\ Cost of goods sold & (215,000) \\ Gross margin & 280,000 \\ Service revenue & 20,000 \\ Insurance expense & (42,000) \\ Salaries expense & (122,000) \\ Depreciation expense & (12,000) \\ Operating income & 124,000 \\ Gain on sale of & 1,500 \\ equipment & $125,500 \\ Net income & \\ \hline \end{tabular}