C1: NI - Dividends - Change in RE = 0 C2: Net cash flow - Change in cash = 0 C3: A - (L + [) = 0 Inputs Year 1 Year 2 Year 3 Income statement 1445 07 145. 17 Salary expense 400. 07 435. 17 Inswanee expan59 324.07 134. OX 25.00% 25.00% Operating cash flows Cash received for Customers 1830. 00 10 Cash (paid to suppliers of inventory /= Purchases. since accounts pavable = 07 -330 0 Cash (paid forinsurance -350. 00 -357.00 - 15. OUT Investing cash flows -408 0 57 Financing cash flows 508 07 5.00 35. 0 12. 07 Income statement Year 1 Year 2 Year 3 Sales for which cash is received after the sale Giver COGS Given Salary expense Giver Insurance expense Giver Depreciation expense Given = Operating income and EBT [No interest expense] Subtotal Current tax expense [No deferred taxes EBT ' Given tax rate = Net income Subtotal Ending balance sheet Year 1 Year 2 Year 3 Cash 19 02 From the schedule below Gross receivables [No allow ance or deferred revenues] 25 C1-C3 From the schedule below Inventories [No accounts payable] 35 C1-C3 From the schedule below Prepaid insurance or deferred insurance expense 53 C1-C3 From the schedule below Net PP&.E 62 C1-C3 From the schedule below Accrued salaries or salary payable 44 C1-03 From the schedule below Tax payable 21 01-C3 From the schedule below Contributed capital 38 C1-C3 From the schedule below Retained earnings B C1 From the schedule below Cash-flow statement Year 1 Year 2 Year 3 Cash received from customers Given Cash (paid) to suppliers of inventory [= [Purchases)] Giver Cash (paid) for salaries Given Cash (paid) for insurance Giver Taxes (paid) Giver =Operating cash flows Subtotal [Purchase of PP&E or capital expenditures) Given = Investing cash flows Subtotal Stock issue Giver [Dividends) paid Given = Financing cash flows Subtotal = Net cash flows SubtotalCash Year 1 Year 2 Year 3 Beginning balance 0.00 0.00 0. O0 18 = Ending balance Gross receivables Year 1 Year 2 Year 3 Beginning balance 0.00 0.00 0.00 30 23 = Ending balance 24 Inventories [Future COGS] Year 1 Year 2 Year 3 Beginning balance 0.00 0.00 0.00 = Ending balance 34 Prepaid expenses Year 1 Year 2 Year 3 Beginning balance 0.00 0.00 0.00 51 50 47 = Ending balance 52 Net PPE Year 1 rear 2 Year 3 Beginning balance 0.00 0.00 0.00 - Cost of net PPE sold = Ending balance Accrued expenses: Salary payable Year 1 Year 2 Year 3 Beginning balance D.00 0.00 0.00 42 41 = Ending balance 43 Taxes payable Year 1 rear 2 Year 3 Beginning balance 0.00 0.00 0.00 = Ending balance 70 Paid-in capital Year 2 Year 3 Beginning balance 0.00 0.00 0.00 = Ending balance 77 Retained earnings Year 1 Year 2 Year 3 Beginning balance 0.00 0.00 0.00 = Ending balanceEnding Balance Sheet Year 1 Year 3 (THREE) Make sure you read the pdf linked above Cash Gross receivables in $ [No allowance or deferred revenues.] Inventories in $ [No accounts payable] Prepaid insurance or deferred insurance expense in $ Net PP&E in $ Accrued salaries or salary payable in $ Taxes payable Paid-in Capital Retained earningsEnding Balance Sheet Make sure you read the pdf linked above ""-'f 3 (THREE) Cash X-487 -54 Gross receivables in S [No allowance or deferred revenues.] Inventories in [No accounts payable] X324 X117 X7