Cash Flow from Assets:
Ending Balance of Assets in 2017...........................................................$77760
Add: Depreciation........................................................................................$2534
Less: Beginning Balance of Assets.........................................................($72884)
CashOut Flow ..................................................................................................$7410
Cash flow to creditors
Ending Balance of Creditors...................................................................$6790
Less: Beginning Balance of Creditors.................................................$6299
Less: Purchases (From Inventory)........................................................$8184
Cash Flow to AP............................................................................................$7693
Purchases from Inventory:
Ending Balance of Inventory....................................................$21912
Add: Cost of Goods Sold................................................................$6781
Less: Beginning Balance of Inventory.....................................($20509)
Purchases......................................................................................$8184
Cash flow to stock holders:
While Preparing Accounting Equation for 2017 as below:
Assets-Liabilities=Eq Shareholders
113632-37233=$76399
While Preparing Accounting Equation for 2018 as below:
Assets-Liabilities=Eq Shareholders
122701-43835=$78866
Net Income for 2018
Sales 18918
Less: Dep (2534)
Less: COGS (6781)
Less:Other Exp (1203)
Less: Interest (1350)
Net Income before tax 7050
Less Tax..............................(1480)
Net Income.....................5569.5
Beginning Balance of Shareholders...................................................$76399
Add: Net income....................................................................................$5569.5
Less: Dividend.........................................................................................($2364)
Less: Ending Balance...........................................................................($78866)
Cash to Shareholders........................................................................$738
