Given the following Balance Sheet & Income Statement , prepare a Cash Flow Statement for the year ending 12/31/09
		ABC Company
		Income Statement
	For the years ended December 31 , 2008 & December 31,2009
		12/31/2009		12/31/2008
Sales		2,400,000		2,000,000
COGS		2,088,000		1,700,000
Gross Profit		312,000		300,000
S & G Exp		240,000		180,000
Depreciation		75,000		50,000
EBIT		(3,000)		70,000
Interest		35,000		20,000
EBT		(38,000)		50,000
Taxes		(22,800)		30,000
EAT		(15,200)		20,000
Preferred stock Dividend		20,000		20,000
Common stock Dividend		15,000		25,000
			ABC Company
			Balance Sheet
		12/31/2009		12/31/2008
Current Assets:
Cash		5,000		75,200
Marketable Securities		35,000		25,000
A/R		225,000		150,000
Inventory		150,000		175,000
Prepaid Expenses		75,000		75,000
Total Current Assets		490,000		500,200
Investments		175,000		150,000
Plant & Equipment		375,000		325,000
less Accumulated Depreciation		200,000		125,000
Net Plant & Equipment		175,000		200,000
Total Assets		840,000		850,200
Current Liabilities
A/P		190,000		200,000
Notes Payable		225,000		175,000
Accrued Expenses		50,000		50,000
Total Current Liabilities		465,000		425,000
Bonds Payable		25,000		25,000
Total Liabilities		490,000		450,000
Stockholders Equity
Preferred Stock		15,200		15,200
Common Stock		70,000		70,000
Capital in excess of Par		100,000		100,000
Retained Earnings		164,800		215,000
Total Stockholders Equity		350,000		400,200
Total Liabilties & Stockholders Equity		840,000		850,200