The financial statements for Zhang Company follow. Assume that the withdrawals were in the form of cash.

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The financial statements for Zhang Company follow. Assume that the withdrawals were in the form of cash.

Revenue from Sales: Net Sales Less Cost of Goods Sold Gross Profit Operating Expenses: Salary Expense Rent

Zhang Company Statement of Owner's Equity For Year Ended December 31, 2018 C. L. Zhang, Capital, January 1,

Cash Accounts Receivable Merchandise Inventory Supplies Prepaid Insurance Equipment Assets Less Accumulated

Required
Prepare a statement of cash flows for the year ended December 31, 2018.

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