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Use the balance sheet and income statement below: 2018 2017 $ 66 160 $ 51 151 141 VALIUM'S MEDICAL SUPPLY CORPORATION Balance Sheet as of

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Use the balance sheet and income statement below: 2018 2017 $ 66 160 $ 51 151 141 VALIUM'S MEDICAL SUPPLY CORPORATION Balance Sheet as of December 31, 2018 and 2017 (in thousands of dollars) 2018 2017 Liabilities and Equity Current liabilities: $ 82 $ 81 Accrued wages and taxes 195 191 Accounts payable 322 301 Notes payable $ 599 $ 573 Total Long-tern debt $1,103 $ 902 stockholders' equity 166 123 Preferred stock (6 thousand shares) $ 937 $ 779 Common stock and paid-in surplus (100 thousand shares) 154 154 Retained earnings $1,091 $ 933 Total $1,690 $1.506 Total liabilities and equity $ $ 367 60 Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets Gross plant and equipment Les Mecumulated depreciation Net plant and equipment Other long-term assets Total Total assets 343 $ 576 120 120 594 $ 720 $1,690 $ 587 $1.506 VALIUM'S MEDICAL SUPPLY CORPORATION Income Statement for Years Ending December 31, 2018 and 2017 (in thousands of dollars) 2018 2017 Net sales $ 912 $ 822 Less: Cost of goods sold 399362 Gross profits $ 513 $ 460 Less: Other operating expenses 57 51 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 456 $ 409 Less: Accumulated depreciation 43 Earnings before interest and taxes (EBIT) $ 413 $368 Less: Interest 58 52 Earnings before taxes (EBT) $ 355 $ 316 Less: Taxes 141 121 Net income $ 214 $ 195 Less: Preferred stock dividends $ 6 $ 6 Net income available to common stockholders $ 200 $ 189 Less: Common stock dividends 75 75 Addition to retained earnings $ 133 $ 114 Per common) share data: Earnings per shade (EPS) $2.08 $1.89 Dividends per share (DPS) $0.75 $0.75 Book value per share (BUPS) $7.14 $5.81 Market value (price) per share (MVPS) $8.17 $6.29 Prepare a statement of cash flows for Vallum's Medical Supply Corporation (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows for Year Ending December 31, 2018 (in thousands of dollars) Cash flows from operating activities Additions (sources of cash): Subtractions (uses of cash) Net cash flow from operating activities Cash flows from Investing activities Subtractions: Net cash flow from investing activities Cash flows from financing activities Additions Subtractions Net cash flow from financing activities

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