Problem 1 (30 points): For the given income statement, retained earning statement, and balance sheets, fill in the entries in the cash flow statement below.

2005 Income Statement $(000)			2005 Retained Earnings Statement $(000)

10 Problem 1 (30 points): For the given income statement, retained earning statement, and balance sheets, fill in the entries in the cash flow statement below. 2005 Income Statement $(000) 2005 Retained Earnings Statement $(000) Revenue 750 Retained Earnings, start of year Warranty/ Bad Debt Net Revenue 740 Net Earnings for the year COGS Less: Dividend Paid Contribution Margin 370 SG&A (incl depreciation) Retained Earnings, end of year Operating Income Other Income 10 Net Income 370 300 80 Balance Sheet $(000) End 2004 End 2005 Current Assets: Cash Receivables 25 60 End 2004 End 2005 Current Liabilities: S.T. Credit Line 5 Accounts Payable Accrued 5 Expenses Cur. Por. of L.T. 25 Debt Inventory 25 Prepaid Expenses 5 115 Fixed Assets: Long Term Liabilities: Long Term Debt 205 180 Fixed Assets at Cost Less Acc. Depreciation 1000 200 1150 225 800 Shareholders Equity: Capital Shares Retained Earnings 300 350 400 405 0 Goodwill & Intangibles Total Assets 915 1045 915 1045 Tot. Liab. and Eq. Statement of Cash Flow $(000) | 2005 Operating Activities: Net Earnings for the Year Depreciation Changes in NCWC Subtotal: Investing Activities: Additions to Fixed Assets Additions to Goodwill and Intangibles Subtotal: Fing Financing Activities: | Dividends Net New Long Term Borrowings Net New Capital Shares Subtotal: Total Funds Flow Net cash on hand, start of year Net cash on hand, end of year Change in Cash Position