The following balance sheet and income statement information includes actual data for 2011 and forecasted data for 2012:

Prepare a forecasted statement of cash flows for 2012. Use the indirect method of reporting cash flow from operatingactivities.

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Actual 2011 Forecasted 2012 S 100 Accounts receivable 1,300 5,000 1.690 6,300 650 Property, plant, and equipment (net).... Accounts payable Long-term debt Paid-in capital Retained earnings 4,000 1,000 ,500 1,400 1,850 $10,000 6,000 1,000 $13,000 7,800 Cos t of goods sold -.-.. Interest expense income before income taxes Income tax expense Net income 2,600 1,690 $ 2,275