Year 1: 1. Issues 10 shares of stock at $9 per share in cash. 2. Takes a loan for $30 in cash. 3. Buys a prepaid travel card for $12 in cash. The travel card is not used at the time of purchase. It is used later. 4. Receives $11 cash in advance from customer A for work it will do later. 5. Completes a consulting assignment for customer B and bills the customer for $33. Customer B will pay later. 6. Uses up $9 of the travel card for travel. The remaining balance will be used next year. 7. Completes a consulting assignment for $11 for customer A from whom it had received cash in advance. 8. Owes $17 to its employees for the work on the two consulting assignments. Employees are paid later. 9. Receives $15 in cash from customer B for whom it had completed a consulting assignment earlier. The remaining balance will be collected next year. 10. Pays $8 to its employees for their work earlier. The remaining balance will be paid next year. 11. Incurs an interest expense of $3 and pays it in cash. 12. Repays $10 towards the loan principal. 13. Declares and pays $6 [60 cents per share] in cash as dividends. 14. Buys back 2 shares at $9 per share in cash.

Y1_1 Y1_2 Y1_3 Y1_4 Y1_5 Y1_6 Y1_7 Y1_8 Y1_9 Y1_10 Y1_11 Y1_12 Y1_13 Y1_14 Changes in Balance Sheet Cash Receivables Prepayments Accrued expenses Deferred revenues Debt Paid-in Capital Income Statement Sales Y1_1 Y1_2 Y1_3 Y1_4 Y1_5 Y1_6 Y1_7 Y1_8 Y1_9 Y1_10 Y1_11 Y1_12 Y1_13 Y1_14 SG&A expenses Interest expense Other changes in retained earnings Dividends Y1_1 Y1_2 Y1_3 Y1_4 Y1_5 Y1_6 Y1_7 Y1_8 Y1_9 Y1_10 Y1_11 Y1_12 Y1_13 Y1_14 Yi_1 Y1_2 Y1_3 Y1_4 Y1_5 Y1_6 Y1_7 Y1_8 Y1_9 Y1_10 Y1_11 Y1_12 Y1_13 Y1_14 Indirect Cash Flow Statement (Change) in gross receivables (Change) in prepayments Change in accrued salaries Change in deferred revenues Proceeds from debt (Repayment of debt) Capital contributions Capital (distributions) Dividend (distributions) Direct Operating Cash Flow Statement Cash received from customers Operating (payments) [Put minus sign (-) before a number to be subtracted] Cash (paid) for interest (Put minus sign (-) before a number to be subtracted] Y1_1 Y1_2 Y1_3 Y1_4 Y1_5 Y1_6 Y1_7 Y1_8 Y1_9 Y1_10 Y1_11 Y1_12 Y1_13 Y1_14