4. Sources and Uses Statement

Use the information below to prepare a statement of sources and uses for Little Feat.

Little Feat Comparative Balance Sheets (in thousands)
	2016	2015	Change
Cash	76	46	30
Accounts receivable	138	86	52
Inventory	206	166	40
Prepaid expenses	12	15	(3)
Building & equipment	272	246	26
Accumulated Depreciation	(76)	(54)	(22)
Total assets	628	505	123
Accounts payable	90	68	22
Income tax payable	16	18	(2)
Bonds payable	118	115	3
Common stock	200	180	20
PIC in excess	100	46	54
Retained earnings	104	78	26
Total liabilities & equity	628	505	123

Little Feat Income Statement For the year ending 12/31/2016 (in thousands)
Sales		416
Cost of goods sold	266
Depreciation expense	22
Other expenses	50
Interest expense	6
Income tax expense	18
	362	362
Net Income		54
Other Items: Dividends paid		28