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	$	24,046			$	24,255			Accounts payable	$	23,184			$	27,420
Accounts receivable		12,448				15,235			Notes payable		12,000				10,800
Inventory		25,392				27,155			Other		11,571				15,553
Total	$	61,886			$	66,645			Total	$	46,755			$	53,773
									Long-term debt	$	80,000			$	95,000
									Owners equity
									Common stock and paid-in surplus	$	40,000			$	40,000
									Accumulated retained earnings		219,826				243,606
Fixed assets
Net plant and equipment	$	324,695			$	365,734			Total	$	259,826			$	283,606
Total assets	$	386,581			$	432,379			Total liabilities and owners equity	$	386,581			$	432,379

SMOLIRA GOLF, INC. 2012 Income Statement
Sales					$	366,996
Cost of goods sold						253,122
Depreciation						32,220
Earnings before interest and taxes					$	81,654
Interest paid						14,300
Taxable income					$	67,354
Taxes (35%)						23,574
Net income					$	43,780
Dividends	$	20,000
Retained earnings		23,780

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 incomeNet loss	$
(Click to select)Add: DepreciationLess: DepreciationLess: Increase in other current liabilitiesLess: Increase in accounts payableAdd: Increase in other current liabilitiesAdd: Increase in accounts payable	$
(Click to select)Less: Increase in accounts payableLess: DepreciationAdd: DepreciationLess: Increase in other current liabilitiesAdd: Increase in accounts payableAdd: Increase in other current liabilities
(Click to select)Less: DepreciationLess: Increase in other current liabilitiesAdd: Increase in accounts payableAdd: DepreciationLess: Increase in accounts payableAdd: Increase in other current liabilities
(Click to select)Less: Increase in inventoryDecrease in notes payableLess: Increase in accounts receivableAdd: Increase in inventoryAdd: Increase in accounts receivableDividends paid	$
(Click to select)Less: Increase in accounts receivableDividends paidAdd: Increase in accounts receivableDecrease in notes payableLess: Increase in inventoryAdd: Increase in inventory
Net cash from operating activities	$
Investment activities
(Click to select)Dividends paidIncrease in inventoryDecrease in notes payableFixed asset acquisitionDecrease in inventoryIncrease in notes payable	$
Net cash from investment activities	$
Financing activities
(Click to select)Increase in accounts payableDecrease in notes payableIncrease in notes payableIncrease in long-term debtDividends paidDecrease in long-term debt	$
(Click to select)Decrease in long-term debtIncrease in long-term debtDecrease in notes payableIncrease in accounts payableDividends paidIncrease in notes payable
(Click to select)Increase in notes payableDecrease in long-term debtIncrease in accounts payableIncrease in long-term debtDividends paidDecrease in notes payable
Net cash from financing activities	$
(Click to select)Net decrease in cashNet increase in cash	$
Cash, end of year	$