Some recent financial statements for Smolira Golf Corp. follow.

SMOLIRA GOLF 2011 and 2012 Balance Sheets
Assets									Liabilities and Owners Equity
	2011				2012					2011				2012
Current assets									Current liabilities
Cash	$	23,086			$	25,500			Accounts payable	$	24,584			$	28,500
Accounts receivable		13,848				16,600			Notes payable		15,000				12,200
Inventory		27,362				28,500			Other		12,971				18,300
Total	$	64,296			$	70,600			Total	$	52,555			$	59,000
									Long-term debt	$	55,000			$	61,000
									Owners equity
									Common stock and paid-in surplus	$	52,000			$	52,000
									Accumulated retained earnings		243,436				263,000
Fixed assets
Net plant and equipment	$	338,695			$	364,400			Total	$	295,436			$	315,000
Total assets	$	402,991			$	435,000			Total liabilities and owners equity	$	402,991			$	435,000

SMOLIRA GOLF, INC. 2012 Income Statement
Sales					$	359,607
Cost of goods sold						235,900
Depreciation						35,400
Earnings before interest and taxes					$	88,307
Interest paid						15,700
Taxable income					$	72,607
Taxes (40%)						29,043
Net income					$	43,564
Dividends	$	24,000
Retained earnings		19,564

Prepare the 2012 statement of cash flows for Smolira Golf Corp. (Negative amounts should be indicated by a minus sign.)

Prepare the 2012 statement of cash flows for Smolira Golf Corp. (Negative amounts should be indicated by a minus sign.)

SMOLIRA GOLF CORP. Statement of Cash Flows For 2012
Cash, beginning of the year	$
Operating activities
(Click to select)Net lossNet income	$
(Click to select)Less: Increase in accounts payableAdd: DepreciationAdd: Increase in accounts payableLess: Increase in other current liabilitiesLess: DepreciationAdd: Increase in other current liabilities	$
(Click to select)Add: DepreciationLess: Increase in other current liabilitiesLess: Increase in accounts payableLess: DepreciationAdd: Increase in other current liabilitiesAdd: Increase in accounts payable
(Click to select)Less: Increase in other current liabilitiesAdd: DepreciationLess: Increase in accounts payableAdd: Increase in other current liabilitiesAdd: Increase in accounts payable Less: Depreciation
(Click to select)Add: Increase in accounts receivableAdd: Increase in notes payableLess: Increase in notes payableLess: Increase in inventoryAdd: Increase in inventoryLess: Increase in accounts receivable	$
(Click to select)Less: Increase in accounts receivableAdd: Increase in inventoryAdd: Increase in notes payableAdd: Increase in accounts receivableLess: Increase in notes payableLess: Increase in inventory
Net cash from operating activities	$
Investment activities
(Click to select)Decrease in notes payable,Dividends paid,Decrease in inventory,Fixed asset acquisition,Increase in notes payableIncrease in inventory	$
Net cash from investment activities	$
Financing activities
(Click to select)Increase in notes payableDividends paidIncrease in accounts payableDecrease in notes payableDecrease in long-term debtIncrease in long-term debt	$
(Click to select)Decrease in long-term debtDividends paidDecrease in notes payableIncrease in notes payableIncrease in accounts payableIncrease in long-term debt
(Click to select)Increase in long-term debtDecrease in notes payableDividends paidIncrease in accounts payableIncrease in notes payableDecrease in long-term debt
Net cash from financing activities	$
(Click to select)Net decrease in cashNet increase in cash	$
Cash, end of year