Winter Park Web Design Balance Sheets For the Years 2015 and 2016 $ 2016 15,225 18,756 $ 2015 11,250 ? 11,325 Cash Accounts receivable Inventories Total Current Assets Gross fixed assets Accumulated depreciation Net Fixed Assets Total assets 43,530 10,845 32,685 $ 12,302 Accounts payable Notes payable Total Current Liabilities Long-term debt Total Liabilities Common stock Additional paid in capital Retained earnings Total Equity Total Liabilities & Equity 10,673 10,673 7,500 ? 4,500 4.500 ? 4,500 ? 750 15,351 Notes: Shares Outstanding 7,500 5,295 (2,256) (1,586) 2,025 (30,255) Winter Park Web Design Statement of Cash Flows For the Year 2016 Cash Flows from Operations Net Income Depreciation Expense Change in Accounts Receivable Change in Inventories Change in Accounts Payable Total Cash Flows from Operations Cash Flows from Investing Change in fixed assets Total Cash Flows from Investing Cash Flows from Financing Change in Notes Payable Change in Long-Term Debt Change in Common Stock Change in Paid-In Capital Cash Dividends Total Cash Flows from Financing Net Change in Cash Balance Check answer against Balance Sheet Beginning Cash From Balance Sheet Ending Cash From Balance Sheet Net Change in Cash Balance $ (30,255) (1,500) 2,250