Question
The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022 while the income statement
The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022 while the income statement items correspond to revenues or expenses during the year ending in either 2021 or 2022 All values are in thousands of dollars. Revenue Cost of goods sold Depreciation $4.800 1,800 $ 4,900 1,900 330 350 Inventories 150 440 490 Interest expense 100 100 Pederal and state tases 200 Accounts payable 300 200 Accounts receivable Set fixed assets Long-term debt Notes payable 420 490 1,800 200 4,100 ,700 TOO 310 370 Cash and marketable securities 3,980 490 *Taxes are paid in their entirety in the year that the tax obligation is incurred. *Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Construct a statement of cash flows for Fincorp for 2022 Note: Enter your answers in thousands of dollars. Negative amounts should be indicated by a minus sign. Cash flows from operations Fincorp Incorporated Statement of Cash Flows (In 000) Noncash expenses Changes in working capital Total change in working capital Cash flows from investments Cash flows from financing activities
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