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Use the balance sheet and income statement below: VALIUM’S MEDICAL SUPPLY CORPORATION Balance Sheet as of December 31, 2021 and 2020 (in thousands of dollars) Assets 2021 2020 Liabilities and Equity 2021 2020 Current assets: Current liabilities: Cash and marketable securities $ 79 $ 78 Accrued wages and taxes $ 60 $ 48 Accounts receivable 192 188 Accounts payable 153 148 Inventory 318 298 Notes payable 138 138 Total $ 589 $ 564 Total $ 351 $ 334 Fixed assets: Long-term debt $ 601 $ 570 Gross plant and equipment $ 1,094 $ 896 Stockholders’ equity: Less: Accumulated depreciation 160 120 Preferred stock (6 thousand shares) $ 6 $ 6 Net plant and equipment $ 934 $ 776 Common stock and paid-in surplus (100 thousand shares) 120 120 Other long-term assets 148 148 Retained earnings 593 458 Total $ 1,082 $ 924 Total $ 719 $ 584 Total assets $ 1,671 $ 1,488 Total liabilities and equity $ 1,671 $ 1,488 VALIUM’S MEDICAL SUPPLY CORPORATION Income Statement for Years Ending December 31, 2021 and 2020 (in thousands of dollars) 2021 2020 Net sales $ 906 $ 816 Less: Cost of goods sold 396 359 Gross profits $ 510 $ 457 Less: Other operating expenses 54 48 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 456 $ 409 Less: Accumulated depreciation 40 38 Earnings before interest and taxes (EBIT) $ 416 $ 371 Less: Interest 55 49 Earnings before taxes (EBT) $ 361 $ 322 Less: Taxes 76 68 Net income $ 285 $ 254 Less: Preferred stock dividends $ 6 $ 6 Net income available to common stockholders $ 279 $ 248 Less: Common stock dividends 144 144 Addition to retained earnings $ 135 $ 104 Per (common) share data: Earnings per share (EPS) $ 2.79 $ 2.48 Dividends per share (DPS) $ 1.44 $ 1.44 Book value per share (BVPS) $ 7.13 $ 5.78 Market value (price) per share (MVPS) $ 8.16 $ 6.26 Prepare a statement of cash flows for Valium’s Medical Supply Corporation. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

Statement of Cash Flows for Year Ending December 31, 2021(in thousands of dollars)

Cash flows from operating activities

Additions (sources of cash)

:Subtractions (uses of cash):

Net cash flow from operating activitiesCash flows from investing activities

Subtractions:Net cash flow from investing activities

Cash flows from financing activities

Additions:Subtractions:Net cash flow from financing activities

Net change in cash and mark

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