SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 510,454 Cost of goods sold 362,128 Depreciation 45,463 Earnings before interest and taxes $ 102,863 Interest paid 20,483 Taxable income $ 82,380 Taxes (23%) 18,947 Net income $ 63,433 Dividends $ 27,000 Retained earnings 36,433 Prepare the 2018 statement of cash flows for Smolira Golf Corp. (Negative answers should be indicated by a minus sign.)

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.