Asset

Cash Machinery Supplies Ac rece Patent Cap exp loan

Jan 2,2003 375,000 125,000
15-Jan -7,500 7,500
15-Jun -62,500 62,500
24-Jun -75,000 75,000
1-Jul -23,750
31-Dec 685,000 69,500
31-Dec -175,000 175,000
31-Dec -22,500
31-Dec -350,000
31-Dec -80,000
-150,000 150,000
50,000 50,000
-50,000 -50,000
-750
-195,000
-10,625
-25,000

Net Incom 46,875

Cash flow from operating activity

Sales 685,000
Operating expense
supplies 195,000
Advt expe 22,500
labour 350,000
overhead 80,000
interest 750
enginer 23,750

total 672,000
Net 13,000

Cash from financing activity

Shareholder
Common stock Revenue Exp
500,000

-23,750 Prototype
754,500 Revenue from sales
chemicals and plastics
-22,500 Advt expense
-350,000 labour exp
-80,000 overhead expense

loan
repay
-750 interest on loan
-195,000 supplies used
-10,625 mach depreciation
-25,000 Amort
Cash Flow

Cashflow for operating

Revenue