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Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using either a negative sign

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Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 2017 Sales Cost of goods sold Gross profit Gen'l & admin expense Selling & mkt expense Depreciation Operating income Interest $1,241,000 $687,000 $554,000 $155,000 $134,000 $25,000 $240,000 $141,000 $99,000 $26,730 $72,270 Income before taxes Income taxes (27%) Net income Dividends paid $25,000 Assets 2017 2016 Cash Accounts receivable Inventory $23,000 $125,000 $201,000 $349,000 $700,000 $313,000 $10,930 $114,000 $217,000 $341,930 $475,000 $288,000 Total current assets Gross plant and equipment Less: accum. depreciation Net plant and equipment $187,000 $387,000 $736,000 Total assets $528,930 Liabilities Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities $117,000 $27,000 $144,000 $248,000 $392,000 $4,500 $223,500 $116,000 $344,000 $736,000 $103,000 $27,000 $130,000 $153,000 $283,000 $4,000 $173,200 $68,730 $245,930 Common stock ($0.01 par) Paid-in capital Retained earnings Total stockholders' equity Total liabilities and equity $528,930 Statement of Cash Flows 2017 $ > > >

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