Please help me to prepare Statement of Cash Flows based on i

Please help me to prepare Statement of Cash Flows, based on information below:

Nroklesah Company

Comparative Balance Sheets and Income Statement

For the Years 2013 and 2014

BALANCE SHEETS

Assets                                          2014      2013

Cash                                           $ 315     $ 280

Accounts receivable                               270       200

Allowance for bad debts (55) (25)

Inventory 160       130

Land 700       500

Buildings 295       255

Accumulated depreciation-buildings (75) (95)

Total assets                                    $1,610

$1,245

Liabilities & Owners’ Equity

Liabilities

Accounts payable                                $ 300     $ 310

Wages payable 70        50

Dividends payable 30        20

Taxes payable 50        40

Long-term Bonds payable 100       100

Total liabilities 550       520

Owners’ Equity

Common stock 700       525

Retained earnings 360       200

Total owners’ equity                            1,060       725

Total liabilities & owners’ equity $1,610    $1,245

INCOME STATEMENT (2014)

Revenue $2,000

Cost of goods sold                               950

Gross margin 1,050

Operating expenses

Wage expense

$270

Depreciation expense

50

Bad debt expense

30

Bond interest expense

Total operating expenses

15

365

Net operating income

685

Loss on sale of building

   80

Net income before tax

605

Income tax

145

Net income after tax

$ 460

Operating expenses Wage expense	$270
Depreciation expense	50
Bad debt expense	30
Bond interest expense Total operating expenses	15	365
Net operating income		685
Loss on sale of building		80
Net income before tax		605
Income tax		145
Net income after tax		$ 460

Solution

Cash flow statement cash flow from operating activities net income 460 dep expense 50 Loss on sale of buidling 80 increase in accounts receivable -70 increase in inventory -30 decrease in accounts payable -10 increase in wages payable 20 increase in income tax payable 10 net cashprovided by operating activities 510 cash flows from investing activities purchase of land -200 purchase of buildings -40 net cash used for investing acitivies -240 cash flow from financing activities proceeds from issuance of common stock 175 net cash used by financing activities 175 net increase(decrease) in cash 445