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Consider the following financial statements for Smith Co. Balance Sheet 2019 2020 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 55.000 30,000 40,000 $75.000 $6,500 $31.500 S42,000 $80,000 375.000 S450.000 5393.750 S473.750 Liabilities and Owners' Equity Current liabilities $50,000 25.000 $75,000 S85.000 553.750 $26.250 $80,000 $89.250 Accounts payable Notes payable Total Long-term debt Owners' equity Common stock Accumulated retained carnings Total Total liabilities and owners' equity $60,000 230,000 S290,000 $450,000 $63.000 241.500 5304.500 S473,750 Income Statement for 2020 Sales COGS Depreciation EBIT Interest EBT Taxes (45%) Net income S-400,000 200,000 30,000 $170,000 15,000 $155,000 692 $85,250 Calculate the Cash Flow from Assets (CFFA). Does the CF identity hold