Notes for $2024$:

Sales are estimated to be $$85,000$ in $2024$

Assume the following:

COGS are Variable

$$2000$ of the Operating Expenses are Fixed

Depreciation and the Remainder of the Operating Expenses are Fixed

The firm will maintain its dividend payout ratio this year

Cash, Accounts Receivable, Inventories, Net Plant, Accounts Payable and Accrued Payables are Spontaneous

Market Securities, Bonds Payable and Common Stock are Discretionary

$$500$ of Bonds Payable are Current and Will be Repaid at the Beginning of the Year

Below is the $2023$ Income Statement and Balance Sheet data you will be using to complete your forecast.

Income Statement

For the Year Ended December $31,2023$

Sales $70,000$

COGS $45,000$

Gross Profit $25,000$

Operating Expenses $8,000$

Depreciation $5,000$

$13,000$

EBIT $12,000$

Interest Expense $1,300$

EBT $10,700$

Tax Expense $2,247$

Earning After Taxes $8,453$

Dividends $3,000$

Addition to Retained Earnings $5,453$

Balance Sheet

December $31,2023$

Cash $8,100$

Marketable Securities $2,000$

Accounts Receivable $10,100$

Inventories $6,000$

Plant, Net $20,000$

Total Assets $46,200$

Accounts Payable $7,000$

Accrued Payables $3,200$

Bonds Payable $10,000$

Common Stock $15,000$

Retained Earnings $11,000$

$46,200$

External Financing $-$

Total Liabilities and Equity $46,200$

Referencing your Cash Flow, what is the Net Increase $($Decrease$)$ in Cash as of December $31,2024?$ Enter your amount as a whole number, no decimals.

Referencing your Cash Flow, what is your December $31,2024$ year$-$end Cash and Equivalents amount? Enter your amount as a whole number, no decimals.

Referencing your Cash Flow, what is your Net Cash Provided by Operations as of December $31,2024?$ Enter your amount as a whole number, no decimals.