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sing the information below, prepare a full statement of cash flows for B.A.A.D (Best All Around Deal) Carpet are for the period ending December 31,

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sing the information below, prepare a full statement of cash flows for B.A.A.D (Best All Around Deal) Carpet are for the period ending December 31, 2018. (18 points). B.A.A.D Carpet Care Income Statement B.A.A.D Carpet Care Comparative Balance Sheet December 31,2017 and December 31, 2018 For the Year Ended December 31, 2018 Sales Cost of Goods Sold Gross Profit 130,000 50000 Assets 2018 2017 6,000 14.000 12,000 7,000 25,000 Cash Accounts Receivable 14,000 11000 15,000 4,000 49,000 Operating Expenses 11,000 38,000 Prepaid Expenses Plant Assets Other Expenses Total Operating Expenses Plant Assets 18.000) 68,000 31,000 Total Assets 74,000 Other Gains (Losses) 13,000) Liabilaties 28,000 8,000 Accounts Payable Loss on sale of plant assets Income before taves Income tax expense 12,000 12,000 6,000 10,000 34,000 21000 9,000 10,000 6,000 20,000 Salaries Payable Notes Payable lng term) Common Stook $1 pa value Retained Eamings NetIncome 00- | Total Liabilies and E Additional Information Plant Asse lequipmenl of $30,000 vas purchased using cash during 2018 Plant asset (land) costing $6,000 vas sold for $3,000 oash in 2018 4,000 shares of common stock were issued for cash in 2016 at $1per share $4,000 note vaspaid using cash in 2018 Cash dividends of $6,000 were paid in 2018 Cash Flows from Operating Activities Net Cash provided/used (circle one) by operating activities Cash Flows from Investing Activities Net Cash provided/used (circle one) by investing activities Cash Flows from Financing Activities Net Cash provided/used (circle one) by financing activities Net in cash Cash balance beginning of year Cash balance at current year end

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