Do not use it, it was woken up by mistake

8. Prepare a cash flow statement of Good deal co for the year ending 2016 from the following information. Net income $300. Increase in accounts receivable $200 Increase in accounts payable$150, Purchase of equipment $1100, Proceeds from stock $2000 Good deal co Statement of cash flow For the year ending31st Dec, 2016 Operating activities Net income Increase in accounts receivable Increase in accounts payable Cash flow from operations Investing activities Purchase of equipment Financing activities Proceeds from stock Increase in Cash 2016 JAZANCO Balance Sheets December 31 Assets 2017 Current assets Cash 59.100 Short-term Investments 79.000 Accounts receivable (net) 107,800 Inventory 143,000 Total current assets 388,900 Plant assets (net) 600, 300 Total assets 989. 200 74.200 60,000 102,800 115.500 352,500 520, 300 872,800 $ Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (35 par) Ratained earnings Total stockholders' equity Total liabilities and equity 150,000 63,500 213,500 209,000 422,500 $ 135,400 62,000 197, 400 200,000 397.100 302,000 173, 100 475, 100 $ 872,800 280,000 286,700 566,700 $ 989,200 JAZANCO Income Statement For the Year Ended December 31 2017 Net sales $ 818.500 Cost of goods sold 511.500 Gross profit 307.000 Selling and administrative expenses 76,000 Income from operations 231.000 Other expenses and losses: Interest expense 18,000 Income before income taxes 213,000 Income tax expense 84,000 Net Income 129.000 2016 $1,500,500 776.000 724,500 479,000 245,500 14,000 231.500 60,000 171,500