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Consider the following balance sheets for 2018 and 2017: 2018 PPE at cost 18000 accumulated...

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Accounting

Consider the following balance sheets for 2018 and 2017: 2018 PPE at cost 18000 accumulated depreciation 14000 net ppe inventories receivables prepaid G&A CASH trade payables rent accrual doubtful debt provision bank loan share capital retained profits and the following income statement for 2018: sales COGS gross profit depreciation G&A expenses rent expenses operating profit gain on disposal interest paid increase in doubtful debt provision profit for the year 4000 8000 8000 2000 3500 2000 1000 1000 13000 5000 3500 2017 20000 12000 8000 5000 8000 1000 2500 5000 500 0 10000 5000 4000 15000 -7000 8000 -3000 -2500 -1000 1500 500 -500 -1000 500 During 2018 the company paid cash dividends for 1000 asset had an historical cost of 3000 and accumulated depreciation of 2000]. Prepare the cash flows statement

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