Analysts following the Tomkovick Golf Company were given the following balance sheet information for the years ended June 30, 2011 and June 30, 2010:

In addition, it was reported that the company had a net income of $3,155,848 and that depreciation expenses were equal to $212,366 during 2011.
a. Construct a 2011 cash flow statement for this firm.
b. Calculate the net cash provided by operating activities for the statement of cash flows.
c. What is the net cash used in investing activities?
d. Compute the net cash provided by financingactivities.

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2011 2010 Assets Cash and marketable securities Accounts receivable Inventory Other current assets Total current assets Plant and equipment Less: Accumulated depreciation Net plant and equipment Goodwill and other assets Total assets S 33,411 260,205 423,819 41,251 758,686 1,931,719 (419,044) S 1,512,675 382,145 $ 2,653,506 $ 16,566 318,768 352,740 29,912 s 717,986 1,609,898 (206,678) $1,403,220 412,565 $ 2,533,771 Liabilities and Equity 2011 2010 Accounts payable and accruals Notes payable Accrued income taxes $ 378,236 14,487 21,125 $ 413,848 679,981 S 1,093,829 S 332,004 7,862 16,815 S 356,681 793,515 1,150,196 Total current liabilities Long-term debt Total liabilities Preferred stock Common stock (10,000 shares) Additional paid-in capital Retained earnings Less: Treasury stock 10,000 975,465 587,546 13,334 1,559,677 2,653,506 10,000 975,465 398,110 Total common equity Total liabilities and equity $1,383,575 $ 2,533,771