Sources of cash: From shareholder loan $150,000 From sales of merchandise 350,000 From truck fi nancing 50,000 From term deposit cashed in 100,000 From interest income 10,000 Total sources of cash 660,000 Uses of cash: For fi xed asset purchases 100,000 For inventory purchases 250,000 Operating expenses, including depreciation of $70,000 160,000 For purchase of investment 55,000 For purchase of truck 50,000 For interest on debt 30,000 Total uses of cash 645,000 Net increase in cash $ 15,000

prepare a cash flow statement in accordance with GAAP using the information provided above