X 5:59 Final exam... I. The statement of cash flows of SB Company as follow: Cash flows from operating activities: Net income.... Adjustments to reconcile net income to net cash provided by operating activities: Depreciation.. Amortization.. SB Company Statement of Cash Flows Year Ended December 31, 2019 Decrease in accounts receivable.. Increase in inventories..... Increase in prepaid expenses.. Increase in accounts payable.. Decrease in accrued liabilities... Increase in income tax payable.... Net cash provided by operating activities..... Cash flows from investing activities: Acquisition of equipment.. Acquisition of building... Sale of long-term investment... Net cash used for investing activities..... Cash flows from financing activities: Issuance of long-term note payable.. Issuance of common stock....... Payment of cash dividends... Net cash provided by financing activities...... Net increase in cash........ Cash balance, March 31, 20X8.. Cash balance, March 31, 20X9. $ 15,300 2,000 6,800 (2,600) (200) 2,700 (400) 3,300 $(78,700) (47,000) 13,700 Required: Evaluate SB Company's cash flows for the year. $ 50,000 11,000 (30,000) $ 70,000 26,900 96,900 (112,000) 31,000 $ 15,900 4,000 $ 19,900 29

1. The statement of cash flows of SB Company as follow: Required: Evaluate SB Company's cash flows for the year. 1. The statement of cash flows of SB Company as follow: Required: Evaluate SB Company's cash flows for the year