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).) Sales Cost of goods sold Gross profit Gen'l & admin expense Selling & mkt expense Depreciation Operating income Interest Income before taxes Income taxes (27%) 2017 $1,239,000 $688,000 $551,000 $157,000 $134,000 $24,000 $236,000 $142,000 $94,000 $25,380 $68,620 $25,000 Net income Dividends paid signment/test/ 11:58 AM NEA 2017 2016 Assets Cash Accounts receivable Inventory Total current assets Gross plant and equipment Less: accum. depreciation Net plant and equipment Total assets Liabilities Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock ($0.01 par) shared/assignment/test/a. $23,000 $124,000 $202,000 $349,000 $700,000 $313,000 $387,000 $736,000 $12,580 $114,000 $219,000 $345,580 $475,000 $289,000 $186,000 $531,580 $118,000 $27,000 $145,000 $246,000 $391,000 $4,500 $104,000 $27,000 $131,000 $150,000 $281,000 $4,000 BALAA Statement of Cash Flows 2017 n/shared/assignment/test/a... 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).) Sales Cost of goods sold Gross profit Gen'l & admin expense Selling & mkt expense Depreciation Operating income Interest Income before taxes Income taxes (27%) 2017 $1,239,000 $688,000 $551,000 $157,000 $134,000 $24,000 $236,000 $142,000 $94,000 $25,380 $68,620 $25,000 Net income Dividends paid signment/test/ 11:58 AM NEA 2017 2016 Assets Cash Accounts receivable Inventory Total current assets Gross plant and equipment Less: accum. depreciation Net plant and equipment Total assets Liabilities Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock ($0.01 par) shared/assignment/test/a. $23,000 $124,000 $202,000 $349,000 $700,000 $313,000 $387,000 $736,000 $12,580 $114,000 $219,000 $345,580 $475,000 $289,000 $186,000 $531,580 $118,000 $27,000 $145,000 $246,000 $391,000 $4,500 $104,000 $27,000 $131,000 $150,000 $281,000 $4,000 BALAA Statement of Cash Flows 2017 n/shared/assignment/test/a