Answer:
Cash Flow : $111,734
Please see details below:
Explanation:
Assets 2017 2016
Cash $165,172 $53,438
Accounts Receivable $213,752 $184,604
Inventory $405,643 $459,081
TOTAL CURRENT ASSETS $784,567 $697,123
Property and Equipment $471,226 $408,072
Land $194,320 $242,900
<em>TOTAL ASSETS $1,450,113 $1,348,095 </em>
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Accounts Payable $94,731 $104,447
Bonds Payable $364,350 $485,800
TOTAL CURRENT LIABILITIES $459,081 $590,247
TOTAL LIABILITIES $459,081 $590,247
Common Stock $524,664 $422,646
Retained Earnings $466,368 $335,202
TOTAL EQUITY $991,032 $757,848
<em>TOTAL EQUITY + LIABILITIES $1,450,113 $1,348,095 </em>
<em></em>
<em>Cash Flow Ind Method $111,734 </em>
Net Income $225,897
Depreciation $82,586
Dividends -$94,731
Bonds Payables -$121,450
Stock Issued $102,018
Land Sold -$48,580
Accounts Payables -$9,716
Inventory -$53,438
Accounts Receivable $29,148
The amount of Cash Flow by indirect method can be verified by the difference in the Cash on Balance Sheet between one year and other.
Assets 2017 2016
Cash $165,172 $53,438 = $111,734
