The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, wh

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The Table Below Contains Data On Fincorp Inc The Balance Sheet Items Correspond To Values At Year End 2018 And 2019 Wh 1 (33.59 KiB) Viewed 12 times

The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the Income statement Items correspond to revenues or expenses during the year ending In elther 2018 or 2019. All values are in thousands of dollars. 2018 2019 Revenue $4,500 $4,600 Cost of goods sold 1,400 1,500 Depreciation 580 608 Inventories 320 375 Administrative expenses 570 620 Interest expense 220 228 Federal and state taxes* 528 540 Accounts payable 310 348 Accounts receivable 440 470 4,100 5,000 Net fixed assets Long-term debt 3,900 6,300 Notes payable 849 570 Dividends paid 340 Cash and marketable securities 2,416 470 *Taxes are paid in their entirety in the year that the tax obligation is incurred. † Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Construct a statement of cash flows for Fincorp for 2019. (Enter your answers in thousands of dollars. Negative amounts should be Indicated by a minus sign.) Fincorp Inc. Statement of Cash Flows ($ in 000s) Cash flows from operations Noncash expenses Changes in working capital Total change in working capital Cash flows from investments Cash flows from financing activities