Question: Prepare a statement of cash flows for 2010 using the below data. Assume there were no changes in any other asset or liability accounts. The

Prepare a statement of cash flows for 2010 using the below data.

Assume there were no changes in any other asset or liability accounts.

The ending cash balance for 2009 was $100.

Make sure to identify Operating, Investing and Financing activities.

Marlett Company Financial Information

Dec. 2009

Dec 2010

Net Income

$2,000

$4,000

Accounts Receivable

$750

$1,250

Accumulated Depreciation

$1,000

$1,400

Common Stock

$4,500

$5,500

Paid in Capital

$7,500

$8,500

Retained Earnings

$1,500

$3,500

Accounts Payable

$750

$950

Marlett Company

Statement of Cash Flows

Change In Cash

Begining Cash Balance

Ending Cash Balance

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