** Please perform calculations in Exce l**

Cash flows: Analysts following the Tomkovick Golf Company were given the following balance sheet information for the years ended June 30, 2014 and June 30 2013:

	2014	2013
Assets
Cash and marketable securities	$ 33,411	$ 16,566
Accounts receivable	260,205	318,768
Inventory	423,819	352,740
Other current assets	41,251	29,912
Total current assets	$ 758,686	$ 717,986
Plant and equipment	1,931,719	1,609,898
Less: Accumulated depreciation	(419,044)	(206,678)
Net plant and equipment	$1,512,675	$1,403,220
Goodwill and other assets	382,145	412,565
Total assets	$2,653,506	$2,533,771
Liabilities and Equity	2014	2013
Accounts payable and accruals	$ 378,236	$ 332,004
Notes payable	14,487	7,862
Accrued income taxes	21,125	16,815
Total current liabilities	$ 413,848	$ 356,681
Long-term debt	679,981	793,515
Total liabilities	$1,093,829	$1,150,196
Preferred stock	__	__
Common stock (10,000 shares)	10,000	10,000
Additional paid-in capital	975,465	975,465
Retained earnings	587,546	398,110
Less: Treasury stock	(13,334)	__
Total common equity	$1,559,677	$1,383,575
Total liabilities and equity	$2,653,506	$2,533,771

In addition, it was reported that the company had a net income of $ 3,155,848 and that depreciation expenses were equal to $212,366 during 2014. Assume amortization expense was $0 in 2014.

a. Construct a 2014 cash flow statement for this firm.

b. What is the net cash provided by operating activities?

c. What is the net cash provided/used by financing activities? Note, dont forget to construct a statement of retained earnings to determine if the company paid a dividend?

d. Does the sum of the net cash provided by operating, investing and financing activities equal $16,845? .