Identify any weaknesses revealed by the statement of cash flows of Michigan Apple Farms,Inc. A1 Michigan Apple

Identify any weaknesses revealed by the statement of cash flows of Michigan Apple Farms,Inc.

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A1 Michigan Apple Farms, Inc. Statement of Cash Flows For the Current Year Operating activities: Net income S 72,100 51 Depreciation 6 11,250 53,500) Net increase in current assets other than cash Net decrease in current liabilities exclusive of short-term debt Net cash provided by operating activities 19,750)(62,000) 10,100 11 Investing activities: 12 Sale of property, plant, and equipment 13 124,200 14 Financing activities: Issuance of bonds payable Payment of long-term debt e (decrease) in cash 117050 (180,525) (89,025) (39,500 Payment of short-term debt 17 18 Payment of dividends Net cash used for financing activities (192,000) 20