Clash flow for 2013 financial statement,

Operating activities ,

BALANCE SHEET- December 31, 2012 and 2013 December 31 2012 2013 ASSETS 27,500 89,900122,700 120,000 | 158,000 2,400 | 2.000 Cash Accounts Receivable 39,250 Prepaid Expenses Total Current Assets Land 65,000 110,000 480,000 00,000) 445,000 517,000 140,000 487,000 Net Fixed Assets TOTAL ASSETS 696,550 797,200 LIABILITTES&OWNERS EQUITY Accounts Payable Accrued Wages Short Term Bank Loans Total Current Liabilities $ 43,750$ 53,500 2,400 200, 246,150 1,500 I - 215,00 425,000475,000 527,200 797,200 Common Stock Retained Eamings Total Owners' Equity 25,400 450,400 TOTAL LIABILITIES & OWNERS' EQUITY 696,550 S Net Income for the year Depreciation expense for the year Issued 10,000 shares of stock Dividends paid $ 36,800 40,000 $ 50,000 10,000