Question: Please create an indirect cashflow statement (2016-2017) using this balance sheet. thanks! 2016 2017 26,886 25,380 1,359,144 20,706 11,064 708,984 1,411,410 740,754 Cash Accounts receivable

Please create an indirect cashflow statement (2016-2017) using this balance sheet. thanks!

Please create an indirect cashflow statement (2016-2017) using this balance sheet. thanks!

2016 2017 26,886 25,380 1,359,144 20,706 11,064 708,984 1,411,410 740,754 Cash Accounts receivable Inventory Total current assets Fixed assets Automobile Furniture & fixtures Equipment Leasehold improvements 85,242 254,904 194,202 293,520 827,868 88,888 117,126 609,928 429,938 662,388 1,819,380 320,992 1,498,388 2,239,142 Less: Accumulated depreciation Net fixed assets Total assets 738,980 2,150,390 391,932 1,518,678 74,388 1,984,998 260,426 1,200,000 Accounts payable Bank line of credit Current portion due on bank loan Total current liabilities Bank loan Loan payable Shareholder's loans Total long-term liabilities Common stock Retained earnings Total equity Total liabilities & equity 1,209,066 1,586,528 78,784 2,874,378 180,920 800,000 666,000 1,646,920 720,000 (3,002,156) (2,282,156) 2,239,142 1,460,426 720,000 (2,015,034) (1,295,034) 2,150,390

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