Using the statement of cash flows and the net income, find the value of cash flow used by operating, cash flow used by investing, cash flow provided by financing, the net increase in cash, and the cash balance at year end.

Question 2

7 Points

Current Assets
Cash	$426
Accounts Receivable, net	98,406
Inventory	62,800
Total Current Assets	Blank 1
Plant Assets
Equipment and Buildings	$430,000
Less: Accumulated depreciation	(19,000)
Equipment and Buildings, net	411,000
Land	70,000
Total plant assets	Blank 2
Intangible Assets
Total Assets		Blank 3

Liabilities

Current Liabilities
Accounts Payable	$26,440
Interest Payable	6,650
Total current liabilities	Blank 4
Long-term Liabilities (net of current portion)
Note Payable, 20, year 7%	380,000
Total Liabilities	Blank 5

Equity

Common Stock		$160,000
Retained Earnings		69,542
Total Equity		Blank 6
Total Liabilities and Equity		Blank 7

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• Blank 7