Question: prepare statement of cash flows.. please explain how to do this SMOLIRA GOLD CORP 2014 and 2015 Balance Sheets Assets Cash Accounts Recievable Inventory Plant

prepare statement of cash flows.. please explain how to do this prepare statement of cash flows.. please explain how to do this SMOLIRA

SMOLIRA GOLD CORP 2014 and 2015 Balance Sheets Assets Cash Accounts Recievable Inventory Plant and Equipment Total Assets 2014 2015 $ 24,136 $ 25,000 $ 13,348 $ 16,100 $ 26,722 $ 28,000 $ 333,695 $ 363,900 $ 397,901 $ 433,000 Liabilities & Shareholders Equity 2014 2015 accounts payable $ 24,084 $ 28,000 notes payable $ 19,000 $ 11,700 other expenses $ 12,471 $ 18,300 long term debt $ 78,000 $ 89,000 common stock $ 60,000 $ 60,000 retained earnings $ 204,346 $ 226,000 Total Liabilities and Share Holders Equity $ 397,901 $ 433,000 Income Statement Sales Cost of Good Sold Depreciation EBIT Interest Paid Taxable income / EBT Taxes (20%) Net Income Dividends Retained Earnings 2015 $ 383,818 $ 257,000 $ 48,300 $ 78,518 $ 15,200 $ 63,318 $ 12,664 $ 50,654 $ 29,000 $ 21,654 $

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