Use the ABC financial statements at left to prepare the operating activities section of ABCs 2018 Statement of Cash Flows. Use the indirect method. You will need to add or subtract four items to net income to calculate the net cash flow from operating activities.

Comparative Balance Sheets
	2018	2017
Cash	20,600.00	16,800.00
Accts Rec	38,650.00	27,400.00
Land	25,000.00	22,000.00
Building	72,000.00	70,000.00
Accum Depr	(13,000.00)	(10,000.00)
Total Assets	143,250.00	126,200.00
Accts Payable	17,250.00	25,100.00
Common Stock	80,000.00	69,000.00
Retained Earn.	46,000.00	32,100.00
Total Liab+Equity	143,250.00	126,200.00

Income Statement
	2018
Sales	195,400.00
Cost of Goods Sold	(132,500.00)
Gross Profit	62,900.00
Operating Expenses	(32,850.00)
Depreciation Exp.	(3,000.00)
Loss on sale of Building	(900.00)
Net income	26,150.00

List below the items that will be included in the financing activities section of the Statement of Cash Flows. One of them is not listed separately on these two financial statements, but would be presented on the Statement of Stockholders' Equity if it were included.