The comparative balance sheets of Cullumber Inc. at the beginning and the end of the year 2017 are as follows.

CULLUMBER INC.

BALANCE SHEETS

Dec.31,2017

Jan. 1, 2017

Inc./Dec.

AssetsCash$48,040$16,040$32,000Inc.Accounts receivable95,25089,2106,040Inc.Equipment43,25023,21020,040Inc.Less: Accumulated Depreciation-Equipment21,25011,00010,250Inc.Total$165,290$117,460Liabilities and Stockholders' EquityAccounts payable$24,250$16,2108,040Inc.Common stock103,04081,21021,830Inc.Retained earnings38,00020,04017,960Inc.Total$165,290$117,460

Net income of $48,250was reported, and dividends of $30,290were paid in 2017. New equipment was purchased and none was sold.

what is the statement of cashflows for cullumber inc.?