Prepare a cash flow statement

		December 31,
		Year 1	Year 2
	Assets
	Cash	10,000	40,000
	Accounts receivable	20,000	15,000
	Inventories	15,000	25,000
	Total current assets	45,000	80,000
	Land	10,000	14,000
	Building and equipment	100,000	121,000
	Accumulated depreciation	(10,000)	(20,000)
	Total PPE	100,000	115,000
	Total Assets	145,000	195,000
	Liabilities
	Accounts payable	20,000	32,000
	Total current liabilities	20,000	32,000
	Bonds payable	50,000	38,000
	Notes payable	20,000	40,000
	Total noncurrent liabilities	70,000	78,000
	Shareholders' equity
	Common stock	20,000	30,000
	Retained earnings	35,000	55,000
	Total shareholders' equity	55,000	85,000
	Total Liabilities and Shareholders' Equity	145,000	195,000
	There were no dispositions of property during the year.