NOTE: RI Manufacturing paid dividends of $1.2 Million and sold new stock valued at $1.0 million in 2012.

Note: Numbers listed in financial statements (on the spreadsheet) are in thousands. Be careful how you plug in the dividends and sold stock.

Using the above information, produce the company?s statement of cash flows for 2017.

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RI Manufacturing Cash Flows Manufacturing Financial Statements At the end of 2002, the financial statements of RI Manufacturing were as follows: RI Manufacturing Balance Sheet For the period ended 12/31/17 ($000) - All numbers are in thousands. Cash A/R Assets Inventory CURRENT ASSETS Fixed Assets Gross Accum. Deprec. Net TOTAL ASSETS Liabilities Accounts Payable Accruals CURRENT LIABILITIES Long-term debt TOTAL LIABILITIES Equity TOTAL LIABILITIES and EQUITY 01/01/17 $ 500 6,250 5,180 $ 11,930 $ 7,500 (2,400) $ 5,100 $17,030 $ 1,860 850 $ 2,710 $ 11,320 $14,030 3,000 $ 17,030 01/01/18 $ 200 7,300 6,470 $ 13,970 $ 9,000 (3,100) $ 5,900 $ 19,870 $ 2,210 220 $ 2,430 $ 12,335 $ 14,765 5,105 $ 19,870 RI Manufacturing Income Statement For the period ended 12/31/17 ($000) - All numbers are in thousands. Sales COGS Gross Margin Expenses Depreciation EBIT Interest EBT Tax Net Income $ 22,560 $ 11,506 $ 11,054 $ 5,332 $ 700 $ 5,022 $ 1,180 $ 3,842 $ 1,537 $ 2,305 RI Manufacturing Summary of Changes to Current Accounts For the year ended 12/31/17 Note: All numbers listed below are in thousands. ACCOUNT Receivables Inventory Payables Accruals Net Change in current accounts RI Manufacturing Statement of Cash Flows For the year ended 12/31/17 ($000) Cash From Operating Activities Net income Depreciation Net change in current accounts Cash from operating activities Purchase of Fixed Assets Cash From Financing Activities Increase(Decrease) in LT Debt Sale of New Stock Dividends Net Cash Flow RECONCILIATION Beginning Cash Balance Net Cash Flow Ending Cash Balance What is ending cash balance for 12/31/17? Source/(Use) ▪▪▪▪ $ 500 RI Manufacturing Cash Flows Manufacturing Financial Statements At the end of 2002, the financial statements of RI Manufacturing were as follows: RI Manufacturing Balance Sheet For the period ended 12/31/17 ($000) - All numbers are in thousands. Cash A/R Assets Inventory CURRENT ASSETS Fixed Assets Gross Accum. Deprec. Net TOTAL ASSETS Liabilities Accounts Payable Accruals CURRENT LIABILITIES Long-term debt TOTAL LIABILITIES Equity TOTAL LIABILITIES and EQUITY 01/01/17 $ 500 6,250 5,180 $ 11,930 $ 7,500 (2,400) $ 5,100 $17,030 $ 1,860 850 $ 2,710 $ 11,320 $14,030 3,000 $ 17,030 01/01/18 $ 200 7,300 6,470 $ 13,970 $ 9,000 (3,100) $ 5,900 $ 19,870 $ 2,210 220 $ 2,430 $ 12,335 $ 14,765 5,105 $ 19,870 RI Manufacturing Income Statement For the period ended 12/31/17 ($000) - All numbers are in thousands. Sales COGS Gross Margin Expenses Depreciation EBIT Interest EBT Tax Net Income $ 22,560 $ 11,506 $ 11,054 $ 5,332 $ 700 $ 5,022 $ 1,180 $ 3,842 $ 1,537 $ 2,305 RI Manufacturing Summary of Changes to Current Accounts For the year ended 12/31/17 Note: All numbers listed below are in thousands. ACCOUNT Receivables Inventory Payables Accruals Net Change in current accounts RI Manufacturing Statement of Cash Flows For the year ended 12/31/17 ($000) Cash From Operating Activities Net income Depreciation Net change in current accounts Cash from operating activities Purchase of Fixed Assets Cash From Financing Activities Increase(Decrease) in LT Debt Sale of New Stock Dividends Net Cash Flow RECONCILIATION Beginning Cash Balance Net Cash Flow Ending Cash Balance What is ending cash balance for 12/31/17? Source/(Use) ▪▪▪▪ $ 500