FAIRMART COMPANY

STATEMENT OF CASH FLOW

AS OF DECEMBER 31 2014

CASH INFLOWS
CASH SALES 116000
SALES OF INVESTMENT 16000
PROCEEDS FROM STOCKS 17000
PROCEEDS FROM ACC. PAYABLE 18000
TOTAL CASH INFLOWS 167000

CASH OUTFLOWS
PURCHASE OF INVENTORY 102000
PURCHASE OF EQUIPMENT 30000
PAYMENT OF BONDS 8000
PAYMENT OF DIVIDENDS 12000
TOTAL CASH OUTFLOWS 152000
TOTAL NET INCREASE IN CASH 15000
CASH AT BEGINNING YEAR 13000
CASH AT END YEAR 28000
 GROSS PROFIT
NET INCOME 20000
DEP EXPENSE 4000
CAPITAL LOSS 2000
INSURANCE EXPENSE 2000
GROSS PROFIT 28000

SALES 120000
GROSS PROFIT -28000
COGS 92000

INVENTORY 2014 10000 + 92000 102000