vi) Examine the company's cash flow statement. What is the cash flow pattern for 2019? 2018? 2019 2018 Operating Activities Investing Activities Financing Activities What does the cash flow pattern tell you about Perfect Smile Company? Perfect Smile Company Statement of Cash Flows For the Year Ended December 31 2019 2018 160,535 67,140 -183,081 313,147 95,280 - 17,824 Cash Flows from Operating Activities Net Income Depreciation Expense Gain on sale of Equipment Changes in working capital items: Accounts Receivable Inventories Prepaid expenses Accounts Payable Unearned revenue Net cash used for operating activities Cash Flows from Investing Activities Add: Purchase of marketable securities Add: Proceeds from Sale of Equipment Deduct: Acquisition of equipment Net cash provided by investing activities Cash Flows from Financing Activities Issurance (repurchase) of common shares Less: Dividends Paid Less: Repayment of Bank Loan Net cash used for financing activities - 145,266 -80,640 -1,732 195,522 23,450 35,928 -289,291 -81,536 -13 407,774 -21,385 406,153 -100,000 247,000 - 167,457 -20,457 -350,000 58,000 -182.750 -474,750 75,000 -51,400 -75,000 -51,400 200,000 -90,810 -75.000 34,190 Overall increase (decrease) in cash Cash position at beginning of year Cash position at end of year -35,929 118,446 82,517 -34,407 152,853 118,446