Please, complete the exercise. Thank you in advance.

1. Prepare: a. Statement of cash flow for the Kramer Corporation b. Calculate net working capital (NWC) Balance sheet to December 31, 2015 Total assets Current assets Inventories Account receivables Cash Long-term assets Equipment Accumulated depreciation for Equipment 100 Preferred stock Net: Equipment Land ?Total capital Short-term liabilities? 140 Account payable 500 135 Long-term liabilities ? 200 10 Loans ? Owner's Equity 100 50 Retained Earnings 50 85 500 Common stock P Profit Income statement December 31, 2016 Sales Cost of goods sold Salaries Administrative costs Energy Depreciation EBIT interest (5%) 45 50 100 180 Taxes (20 %) Balance sheet to December 31,2016 Total assets Current assets 815 Total capital ?Short-term liabilities? 75 Account payable 35 Long-term liabilities 100 ventories ccount receivables ?! Loans Cash Long-term assets Equipment 385 683 Owner's Equity ?Common stock Accumulated depreciation for Equipment ? Preferred stock 120 550 Retained Earnings 75 Net: Equipment Land Profit 1. Prepare: a. Statement of cash flow for the Kramer Corporation b. Calculate net working capital (NWC) Balance sheet to December 31, 2015 Total assets Current assets Inventories Account receivables Cash Long-term assets Equipment Accumulated depreciation for Equipment 100 Preferred stock Net: Equipment Land ?Total capital Short-term liabilities? 140 Account payable 500 135 Long-term liabilities ? 200 10 Loans ? Owner's Equity 100 50 Retained Earnings 50 85 500 Common stock P Profit Income statement December 31, 2016 Sales Cost of goods sold Salaries Administrative costs Energy Depreciation EBIT interest (5%) 45 50 100 180 Taxes (20 %) Balance sheet to December 31,2016 Total assets Current assets 815 Total capital ?Short-term liabilities? 75 Account payable 35 Long-term liabilities 100 ventories ccount receivables ?! Loans Cash Long-term assets Equipment 385 683 Owner's Equity ?Common stock Accumulated depreciation for Equipment ? Preferred stock 120 550 Retained Earnings 75 Net: Equipment Land Profit