Using the information in the Financial Statements, prepare a cash flow statement begining with Net income and identifying all items that affect cash flow to calculate the net change in cash.

Financial Statement Item	Source + or Use -	Amount
Net Income
Change in Cash

Does your answer above agree with the actual change in the firms cash? _________________

in thousands Uuuuuge Baking Co. Balance Sheet F.Y.E. 12/31/18 & 17 Uuuuuge Baking Co. Income Statement Year Ending 12/31/2018 FYE FYE 2018 FYE 2017 Assets: 2018 Sales Current Assets $50 Cash Accounts Receivable Inventory Total Current Assets Cost of Goods Sold Depreciation Genl. & Admin Exp EBIT $215 $2101 $330 $755 $250 $2,625 $2,000 $20 $250 $355 $300 $600 Interest Expense Taxable income $60 $295 Fixed Assets Plant and Equipment Less: Accumulated De Net Plant and Equip Total Assets Income Tax Exp. $60 $625 -$2201 $405 $1,160 $5001 -$200 $300 $900) Net Income $235 Less Dividends Paid Additions to R.E. $35 $200 Liabilities Current Liabilities Accounts Payable Total Current Liabili $450 $450 $400 $400 Long Term Debt Total Liabilities $65) $515 $801 $480 Owners Equity Common Stock Retained Earnings Total Owners Equit Total Liabilities $185 $460 $645 $1,160 $160 $260) $420 $9001