statement or Lasn $r$ LowS

Operating Activities:

For the Year Ended December $31,20$XX

Net income

$$395000$

Add items not requiring an outlay of cash:

Amortization expense

$320000$

Cash flow from operations

$715000$

$\backslash$table$[[$Increase in accounts receivable,$-12000],[$Increase in inventory,$-28000],[$Decrease in prepaid expenses,$-19000],[$Increase in accounts payable,$-81000],[$Decrease in accrued expenses,$-18000]]$

Net Change in non$-$cash working capital

Cash provided by $,$ operating activities

Investing activities:

Decrease in investments

Increase in plant and equipment

Cash

used in

Investing activities

Financing activities:

$\backslash$table$[[$Increase in bonds payable,$70000],[$Preferred stock dividends paid,$-20000],[$Common stock dividends paid,$-200000]]$

Cash financing activities

$-150000$

Net increase in cash

Cash, beginning of year

$108000$