Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 37,837 Accounts payable $ 36,722 27766 Notes payable 19,008 42,632 Other 19.864 Assets 2017 Current assets Cash $ 34,385 Accounts receivable 17,801 Inventory 36,310 Total $ 88,496 2018 $ 42,582 16,200 24.634 $108,235 Total $ 75,594 $ 83,416 $ 115,000 $ 145,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 55,000 $ 55,000 307,217 344,452 Net plant and equipment $464,315 $ 519,633 Total $362,217 $399,452 Total assets $ 552,811 $627,868 Total liabilities and owners equity W $552.811 $627,868 SMOLIRA GOLF CORP. 2018 Income Statement SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $506,454 359,328 44,463 7.15 points Earnings before interest and taxes Interest paid Taxable income Taxes (25%) $ 102,663 19,683 eBook Print $ 82,980 20,745 References Net income $ 62,235 Dividends Retained earnings $25,000 37235 Prepare the 2018 statement of cash flows for Smolira Golf Corp. (A negative answer should be indicated by a minus sign.) SMOLIRA GOLF CORP. Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities Prepare the 2018 statement of cash flows for Smolira Golf Corp. (A negative answer should be indicated by a minus sign.) SMOLIRA GOLF CORP. Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities Net cash from operating activities Investment activities $ 101,041 Net cash from investment activities Financing activities $ -99,781 4 Net cash from financing activities $ 2.192