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

              2021 INCOME STATEMENT
Sales 3...................................................... $ 750,727
Cost of goods sold ................ ................ . 430,821
Selling and administrative ...................... 165,676
Depreciation ............................................... 72,489
EBIT ........................................................... $ 81,741
Interest ........................................................ 25,630
EBT ............................................................ $ 56,111
Taxes ........................................................... 14,028
Net income .............................................. $ 42,083
Dividends ................................................ $ 14,200
Addition to retained earnings ................. 27,883

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GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2020 Cash $ 17,691 Accounts payable $ 12,721 Accounts receivable 25,228 Notes payable 19,149 Inventory 18,321 Current liabilities $ 31,870 Current assets $ 61,240 Long-term debt $181,000 Net fixed assets $457,454 Owners' equity $305,824 Total assets $518,694 Total liabilities and owners' equity $518,694 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2021 Cash $ 19,003 Accounts payable $ 13,962 Accounts receivable 28,025 Notes payable 21,872 Inventory 30,222 Current liabilities $ 35,834 Current assets $ 77,250 Long-term debt $201,900 Net fixed assets $539,679 Owners' equity $379,195 Total assets $616,929 Total liabilities and owners' equity $616,929