Use both the income statement of 2019 and the balance sheet of 2019 and 2018 to find the statement of cash flow...

HM 336 Problem #2 Prior Yr. 12/31/2019 % of Sis 12/31/2019 12/31/2018 Assets Food Sales Wine/Beer Sales Liquor Sales Catering Sales Total Sales $3,460,000 722,000 274,000 435,000 4,891,000 70.7% 14.8% 5.6% 8.9% 100.0% Cash Accounts Receivalble Food Inventory Wine Inventory Liquor Inventory Total Inventories Prepaid Assets Current Assets $381,500 50,000 19,500 39,500 6,500 65,500 25,000 522,000 $189,000 35,000 20,500 38,500 7,000 66,000 20,000 310,000 Food Cost Wine/Beer Cost Liquor Cost Catering Cost of Goods Total Cost of Goods 958,420 234,500 61,650 121,800 1,376,370 27.7% 32.5% 22.5% 28.0% 28.1% Plant Property and Equip - Net Other Long-Term Assets Total Long-Term Assets 1,678,000 125,000 1,803,000 2,128,000 125,000 2,253,000 Total Assets $2,325,000 $2,563,000 Labor Costs Kitchen Labor Front of House Management Total Payroll Payroll Related Total Labor 355,800 505,000 353,000 1,213,800 335,400 1,549,2001 7.3% 10.3% 7.2% 24.8% 6.9% 31.7% Liabilities and Stockholder's Equity Current Liabilities Prime Costs 2,925,570 59.8% Accounts Payable Accrued Expenses Current Maturities of Long-Term Debt Current Liabilities $25,000 25,000 125,000 175,000 $30,500 22,000 125,000 177,500 Supplies Outside Services Repairs and Maint. Utilities Smallwares Total Controllable 78,5001 155,400 57,600 139,600 20,000 451,100 1.6% 3.2% 1.2% 2.9% 0.4% 9.2% Long-Term Debt 1,250,000 1,375,000 Total Liabilities 1,425,000 1,552,500 Controllable Earnings 1,514,330 31.0% Common Stock Retained Earnings Total Owner's Equity 750,000 150,000 900,000 800,000 210,500 1,010,500 Credit Card Charge Advertising/Promo Non-Controllables 98,400 123,500 221,900 2.0% 2.5% 4.5% Total Liabiltiies and Owner's Equity $2,325,000 $2,563,000 Rent Depreciation Other Occupancy 196,800 193,000 55,000 444,800 4.0% 3.9% 1.1% 9.1% Pre-Tax Taxes Net Income $847,6301 263,000 $584,630 17.3% 5.4% 12.0% Number of Shares Outstanding Stock Price 290,000 $14.00 Hotel Information 355 Room Hotel Room Revenue Room Nights $13,423,360 111,434