Prepare a statement of cash flows using the below information .

The following is additional information about the Flower Shoppe that is needed for financial-statement preparation:

Net income for the year ended December 31, 2008 was $10,845.
Changes from the prior year's balances included the following:
a decrease in accounts receivable of $300.
a decrease in inventory of $450.
an increase in accounts payable of $250.
an decrease in accrued expenses of $100.
Land was purchased in April for $3,500.
Cash as of January 1, 2008 was $10,105.
The Flower Shoppe

Adjusted Trial Balance

December 31, 2008
Debit



Cash
$22,750
Accounts Receivable
3,200
Inventory
8,000
Land
27,000
Building
56,000
Accumulated Depreciation Credit
16,800
Accounts Payable
4,600
Accrued Expenses
2,500
Common Stock
20,000
Additional Paid-in Capital
10,000

Dividends Debit
1,200
Retained Earnings Credit
53,405
Sales
112,020

Returns Debit
1,300
Purchases
47,000
Salaries
38,000

Supplies
870
Utilities
5,225
Telephone
2,850
Bank Charges
330
Depreciation Expense
5,600
$219,325 $219,325
Debit Credit