What is the net income figure to use as a starting point for the statement of cash flows?

The total adjustments to net income to determine cash flows from operating activities are(Hint: be sure to add up changes in current assets and current liabilities as noted on the balance sheet going from year 2013 to year 2014) to get the answer.

Net cash flows from operating activities are....(hint: dont forget about net income).

Cash flows from investing activities are.....

Net Cash flows from investing activities are....

Cash flows from financing activities are...(hint: since this is a partnership common and preferred stocks and bond financing does not exist).

Net increase/decrease in cash flows is....

Moores Familay Restaurant Financial Data

		2013	2014 (Present Day)	2015 Budget Forecast
Budget Worksgheet
Sales		$1,575,396	$1,696,296	Answer to number 17
Cost of Product		$697,211	$597,211	Answer to number 18
Labor		$330,772	$340,695	Answer to number 19
Benefits		$79,872	$114,519	Answer to number 20
Utilities		$54,340	$50,644	$58,241
Loan Principle Repayments		$0	$0	$0
Insurance & Property Taxes		$110,000	$110,000	$110,000
Services (accounting, trash, cleaning, etc.)		$41,051	$43,908	Answer to number 21
Other: SG&A, advertising, promostions		$77,629	$84,771	$93,248
Total Costs		$1,390,875	$1,341,748	Answer to number 22
Earnings Before Interest, Income Taxes, & Depreciation (EBITD)		$184,521	$354,548	Answer to number 23
Interest on loan		$3,500	$3,000	$3,000
Income Taxes		$51,666	$99,273	#VALUE!
Depreciation on values		$71,176	$61,777	$61,177
Earnings After Interest, Income Taxes, & Depreciation		$58,179	$190,497	#VALUE!
Meals Sold		233,392	242,328	261,714
Average Meal Value		6.75	7.00	7.35

	Moore's Family Restaurant
	Assets & Liabilities as of 12/31/13					Assets & Liabilities projected to 12/31/14
		ASSETS				ASSETS
		Cash	$492,118.00			Cash	$589,118.00
		Accounts Receivable	$29,000.00			Accounts Receivable	$49,095.00
		Inventories	$30,000.00			Inventories	$30,000.00
		Prepaid Expenses	$2,000.00			Prepaid Expenses	$11,000.00
		Total Current Assets	$553,118.00			Total Current Assets	$679,213.00
		Building	$727,460.97			Building	$760,000.00
		Equipment	$14,500.00			Equipment	$18,000.00
		Fixtures	$33,320.00			Fixtures	$35,500.00
		Total Fixed Assets	$775,280.97			Total Fixed Assets	$813,500.00
		Total Assets	$1,328,398.97			Total Assets	$1,492,713.00
		LIABILITIES				LIABILITIES
		Accounts Payable	$57,432.00			Accounts Payable	$137,566.00
		Wages and Benefits Due	$16,516.59			Wages and Benefits Due	$29,543.00
		Estimated Taxes and Fees	$6,013.00			Estimated Taxes and Fees	$8,013.00
		Total Current Liabilities	$79,961.59			Total Current Liabilities	$175,122.00
		Long Term Loan	$70,000.00			Long Term Loan	$70,000.00
		Total Long-Term Liabilities	$70,000.00			Total Long-Term Liabilities	$70,000.00
		Owner Equity	$1,178,437.38			Owner Equity	$1,247,591.00
		Total Liabilities and Owner Equity	$1,328,398.97			Total Liabilities and Owner Equity	$1,492,713.00