statement of cash flows, please show all calculations

2018 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 Current assets Current liabilities Cash $ 34,385 $ 37,837 Accounts payable $ 36,722 Accounts receivable 17,801 27,766 Notes payable 19,008 Inventory 36,310 42,632 Other 19,864 Total $ 88,496 $108,235 Total $ 75,594 Long-term debt $ 115,000 Owners' equity Common stock and paid in $ 55,000 surplus Accumulated retained 307,217 earnings $ 42,582 16,200 24,634 $ 83,416 $ 145,000 $ 55,000 344,452 Net plant and equipment $464,315 $ 519,633 Total $362,217 $399,452 Total assets $552,811 $627.868 Total liabilities and owners equity $552.811 $627,868 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $506,454 359,328 44,463 12 44,463 $ 102,663 Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (25%) Net income 8.37 Doints 19,683 $ 82,980 20,745 $ 62,235 eBook Dividends Retained earnings $25,000 37,235 Print Prepare the 2018 statement of cash flows for Smolira Golf Corp. (A negative answer should be indicated by a minus sign.) References $ 34,385 SMOLIRA GOLF CORP Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities Net income Less: Increase in accounts receivable Add: Depreciation Add: Increase in accounts payable Less Increase in inventory Add: Increase in other current liabilities $ 62.235 (9,965) 44,463 5,860 -8.322 4,770 Net cash from operating activities Investment activities $ 101.041 12 $ 34,385 8.37 points V v Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities Net Income Less Increase in accounts receivable Add: Depreciation Add: Increase in accounts payable Loss: Increase in inventory Add: Increase in other current liabilities 62 235 (9.965) 44.463 5,860 -6,322 4.770 Book Pring $ 101,041 Net cash from operating activities Investment activities Foxed asset acquisition References $ -99,781 $ -99 781 Net cash from investment activities Financing activities Increase in long-term debt Dividends paid Decrease in notos payable $ 30,000 -25,000 (2,808) Net cash from financing activities Net increase in cash Cash end of year $ $ $ 2,192 3,452 37,837 Answer is not complete. $ 34,385 SMOLIRA GOLF CORP. Statement of Cash Flows For 2018 Cash, beginning of the year Operating activities Net Income Add: Increase in accounts receivable Add: Depreciation Add: Increase in accounts payable Add: Increase in inventory Add: Increase in other current liabilities 62,235 (9,965) 44,463 5,860 -6,322 4,770 $ 101,041 Net cash from operating activities Investment activities Fixed asset acquisition $ -55,318 S -99.781 Net cash from investment activities Financing activities Increase in long-term debt Dividends paid Decrease in notes payable S 30,000 -25,000 (2,808) Net cash from financing activities s 2,192 97897