Fizer, Inc., reported the following financial statements for the last two years. Construct the cash flow identity for the company. Explain what each number means.

           FIZER, INC.
2020 Income Statement
Sales ......................................$632,790
Cost of goods sold .................296,470
Selling & administrative ........138,065
Depreciation .............................59,862
EBIT ........................................$138,393
Interest .......................................20,952
EBT ..........................................$117,441
Taxes ..........................................24,310
Net income .............................$ 93,131
Dividends .................................25,200
Addition to retained earnings .$ 67,931

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FIZER, INC. Balance Sheet as of December 31, 2019 Cash $ 14,672 Accounts payable $ 26,408 Accounts receivable 15,164 Long-term debt 148,700 Inventory 21,487 Owners' equity 249,975 Current assets $ 51,323 Total liabilities and Net fixed assets $373,760 owners' equity $425,083 Total assets $425,083 FIZER, INC. Balance Sheet as of December 31, 2020 Cash $ 16,329 Accounts payable $ 33,831 Accounts receivable 17,574 Long-term debt $152,400 Inventory 25,753 Owners' equity $321,906 Current assets $ 59,656 Total liabilities and Net fixed assets $448,481 owners' equity $508,137 Total assets $508,137