Question: Create a statement of Cash Flows. Cash Flow Statement FY Ended 12/31/2017 ASSETS 2017 2016 Cash Flow From Operations Cash $ 33,411.00 $ 16,566.00 Net

Create a statement of Cash Flows.

Cash Flow Statement FY Ended 12/31/2017
ASSETS 2017 2016 Cash Flow From Operations
Cash $ 33,411.00 $ 16,566.00 Net Income $ 3,155,848.00
Accounts Receivable $ 260,205.00 $ 318,768.00 Depreciation $ 212,366.00
Inventory $ 423,819.00 $ 352,740.00 Dividends Paid $ 2,966,412.00
Other current assets $ 41,251.00 $ 29,912.00 Tax $ 225,700.00
Total Current Assets $ 758,686.00 $ 717,986.00
Plant Property & Equip $ 1,512,675.00 $ 1,403,220.00
Goodwill & Other Assets $ 382,145.00 $ 412,565.00
Total Assets $ 2,653,506.00 $ 2,533,771.00
LIABILITIES
Accounts Payable $ 378,236.00 $ 332,004.00
Wages Payable $ 14,487.00 $ 7,862.00
Accrued Income taxes $ 21,125.00 $ 16,815.00
Total Current Liabilities $ 413,848.00 $ 356,681.00
Long Term Debt: Bank Notes $ 679,981.00 $ 793,515.00
Total Liabilities $ 1,093,829.00 $ 1,150,196.00
Total Common Equity $ 1,559,677.00 $ 1,383,575.00
Total Liabilities & Equity $ 2,653,506.00 $ 2,533,771.00

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