Presented below are the consolidated financial statements of The Mann Corporavane, CHECK tion as of year-end 2016 and 2015.

Required
Using the above financial data, prepare the statement of cash flow for 2016 using the indirect method. What does the company’s statement of cash flow reveal about the business’s financial health?

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As of Year-End ($ thousands) Assets Current assets Cash... Accounts receivable (net). Inventory Prepaid expenses Total current assets THE MANN CORPORATION Consolidated Balance Sheets Investments in affiliate companies. Property and equipment... Less: Accumulated depreciation. Property & equipment (net). Total assets.. 2016 2015 $ 400,000 $ 250,000 990,000 760,000 710,000 400,000 100,000 100,000 1,510,000 100,000 2,200,000 1,310,000 (110,000) 1,200,000 - 800,000 (80,000) 720,000 $3,500,000 $2,230,000