Some recent financial statements for Smolira Golf Corp. follow. Prepare the 2018 statement of cash flows for Smolira Golf Corp.

Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 36,185 $39,492 29,386 43,352 $ 59,036 $112,230 Cash Accounts Accounts payable 39,942 $ 43,482 18,701 4,150 20,808 Notes payable Other 17,550 receivable Inventory 21,484 26,074 Total $82,234 $ 87,106 Total Long-term debt Owners' equity $124,000 $190,525 Common stock and $56,800 56,800 paid-in surplus Accumulated retained 262,277 300,132 earnings Fixed assets Net plant and $466,275 $522,333 Total $319,077 $356,932 equipment Total liabilities and owners' equity Total assets 525,311 $634,563 525,311 $634,563 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $515,454 365,628 46,713 Earnings before $ 103,113 21,483 interest and taxes Interest paid Taxable income Taxes (23%) $ 81,630 18,775 Net income $ 62,855 Dividends Retained earnings 37,855 $25,000 Prepare the 2018 statement of cash flows for Smolira Golf Corp. (Negative answers should be indicated by a minus sign.) SMOLIRA GOLF CORP. Statement of Cash Flows For 2018 Cash, beginning of the year oerting activities Net cash from operating activities Investment activities Net cash from investment activities Financing activities Net cash from financing activities Cash, end of year