Homework
Cash Flow
Bags and Beauty
December 31, 2021
Net profit $41,600
Dep. Exp $860
Acct Rec 2020 $4,203
2021 $3,657
Inventory 2020 $15,670
2021 $12,450
Acct payable 2020 $3,560
2021 $4,230
Purchase delivery van for $6,450
Sold a machine $950
Mortgage $54,000
Capital $4,300
Cash beginning of the year $63,700
Please prepare cash flow statement with the facts