Some recent financial statements for Smolira Golf Corp. follow.

Prepare the 2015 statement of cash flows for Smolira Golf Corp. (Negative amounts should be indicated by a minus sign.)

Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable Inventory $ 24,206 14,048 27,622 $ 25,700 16,800 28,700 Accounts payable Notes payable Other $ 24,784 13,000 13,171 $ 28,700 12,400 15,900 $ 65,876 $ 71,200 $ 50,955 $ 57,000 Long-term debt Owners' equity $ 85,000 $ 95,000 Common stock and paid-in surplus Accumulated retained earnings 40,000 230,616 $ 40,000 241,000 Fixed assets Net plant and equipment $340,695 $361,800 Total $270,616 $281,000 Total assets $406,571 $433,000 Total liabilities and owners' equity $406,571 $433,000 SMOLIRA GOLF CORP 2015 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Earnings before interest and taxes Interest paid $ 61,380 15,900 Taxable income Taxes (20%) $ 45,480 9,096 Net income $ 36,384 Dividends Retained earnings $26,000 10,384