SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets
Assets									Liabilities and Owners Equity
	2017				2018					2017				2018
Current assets									Current liabilities
Cash	$	34,785			$	38,204			Accounts payable	$	37,282			$	42,782
Accounts receivable		18,001				28,126			Notes payable		19,408				16,500
Inventory		3,730				42,792			Other		20,224				24,954
Total	$	56,516			$	109,122			Total	$	76,914			$	84,236
									Long-term debt	$	117,000			$	182,015
									Owners equity
									Common stock and paid-in surplus	$	55,400			$	55,400
									Accumulated retained earnings		271,867				307,704
Fixed assets
Net plant and equipment	$	464,665			$	520,233			Total	$	327,267			$	363,104
Total assets	$	521,181			$	629,355			Total liabilities and owners equity	$	521,181			$	629,355

SMOLIRA GOLF CORP. 2018 Income Statement
Sales					$	508,454
Cost of goods sold						360,728
Depreciation						44,963
Earnings before interest and taxes					$	102,763
Interest paid						20,083
Taxable income					$	82,680
Taxes (24%)						19,843
Net income					$	62,837
Dividends	$	27,000
Retained earnings		35,837

Prepare the 2018 statement of cash flows for Smolira Golf Corp. (Negative answers should be indicated by a minus sign.)

statement of cash flows for Smolira Golf Corp. (Negative answers should be indicated by a minus sign.) awarded cored SMOLIRA GOLF CORP. Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities Net income Add: Depreciation Less: Increase in accounts receivable Less: Increase in inventory Add: Increase in accounts payable Add: Increase in other current liabilities Book OOOOO rint ences Net cash from operating activities Investment activities Fixed asset acquisition > x Net cash from investment activities Financing activities Decrease in notes payable Increase in long-term debt Dividends paid OOO Net cash from financing activities Net increase in cash Cash, end of year - Table 2.3.jpeg