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Create a Cash Flow Statement for Year 2019 (Indirect method)

		2018		2019
Account	Type	Debit	Credit	Debit	Credit
Cash - Checking	A	33,620		22,950
Cash - Savings	A	50,000		18,000
Accounts Receivable	A	315,000		268,740
Allowance for Bad Debts	A		6,000		6,800
Accounts Receivable - Employees	A	500		400
Inventory	A	653,600		510,000
Prepaid Insurance	A	3,200		2,450
Land	A	50,000		50,000
Buildings	A	360,000		360,000
Accumulated Depreciation - Buildings	A		43,750		40,000
Equipment	A	90,175		80,175
Accumulated Depreciation - Equipment	A		36,150		29,900
Furniture & Fixtures	A	35,000		35,000
Accumulated Depreciation - Furniture & Fixtures	A		35,000		28,000
Vehicles	A	90,000		90,000
Accumulated Depreciation - Vehicles	A		68,000		40,000
Deposits	A	1,000		1,000
Accounts Payable	L		45,200		65,000
Credit Cards	L		18,000		22,750
Deferred Revenue	L		30,000		22,000
Payroll Taxes Withheld	L		18,900		13,500
Payroll Taxes Accrued	L		8,000		4,900
Dividends Payable	L		60,000		50,000
Wages Payable	L		4,250		35,000
Current Maturity of Long Term Debts	L		15,000		15,000
Note Payable - Mortgage	L		90,000		100,000
Note Payable - Vehicle	L		45,000		50,000
Capital Stock	E		1,000		1,000
Dividends Paid	E	60,000		50,000
Retained Earnings	E		914,865		441,765
Sales	R		1,456,800		1,235,000
Sales Returns & Allowances	R	1,675		1,400
Sales Discounts	R	3,000		3,150
Cost of Goods Sold	EXP	595,500		340,865
Adminstrative Salaries	EXP	258,985		122,500
Sales Salaries	EXP	150,000		105,000
Payroll Tax Expense	EXP	11,500		10,000
Advertising Expense	EXP	5,000		5,000
Automobile Expense	EXP	7,500		7,150
Bad Debt Expense	EXP	4,120		3,960
Bank Charge Expense	EXP	100		100
Cleaning Expense	EXP	850		825
Commissions Expense	EXP	3,275		3,250
Depreciation Expense	EXP	45,000		45,000
Insurance Expense	EXP	2,600		2,600
Interest Expense	EXP	6,320		6,500
Licenses Expense	EXP	100		100
Office Expense	EXP	900		1,250
Postage Expense	EXP	180		210
Repairs & Maintenance	EXP	4,880		6,975
Supplies Expense	EXP	1,600		1,890
Travel Expense	EXP	3,000		2,460
Telephone & Internet Expense	EXP	10,680		9,880
Utilities Expense	EXP	13,655		12,835
Other Gains	OR		1,000		0
Other Losses	OEXP	500		500
Income Tax Expense	EXP	23,900		18,500
		2,896,915	2,896,915	2,200,615	2,200,615

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