Julian Group

Satements of cash Flows

For the year ended December 31, 2014
Particulars Amount in USD Amount in USD
Cash Flow From Operating
Activities
Net Profit $ 120,000
Depreciation $ 40,000
Gain On Sale Of Machine $ (5,000)
Loss On Retirement & Losses $ 3,000
Increase A/R $ (6,000)
Decrease Inventory $ 8,000
Decrease Prepaid Insurance $ 6,000
Increase A/P $ 7,000
Decrease Salary & Wages Payble $ (2,000)
Increase Income Taxes Payble $ 3,000
Net cash from Operating $ 174,000
Activities
Cash Flow From Investing
Activities
Cash Payment For Long Term
Investments $ (30,000)
Purchase Equipment $ (75,000)
Sale Of Equipment/Machine $ 25,000
Net cash From Investing $ (80,000)
Activities
Cash Flow From Financing
Activities
Issues Of Capital Stock $ 25,000
Payment Of Bond Purchase $ (63,000)
Dividend Paid $ (67,000)
Net cash From Financing $ (105,000)
Activities
Decrease in Cash and Cash
Equivalent $ (11,000)
Opening Cash Balance $ 46,000
Closing Cash Balance $ 35,000

Note-1: Land purchased by issuing $50000 notes payble is

a non cash item