Use the following information to create an income statement and balance sheet for 2018 and 2019;

assume the tax rate is 34%. Then, using those statements, calculate for 2019:

Cash flow from assets, Cash flow to creditors, Cash flow to stockholders

2016 2017

Sales 50,920 56,916

Depreciation expense 7,308 7,640

Cost of goods sold 17,508 20,712

Other expense 4,164 3,624

Interest expenses 3,416 4,076

Cash 26,696 28,452

Accounts receivables 33,348 41,484

short term notes payables 5,152 5,048

long term debt 89,408 108,396

Net fixed assets 223,908 238,800

Accounts payable 19,288 20,432

Inventory 62,844 67,268

Dividends 6,088 7,120