Cash Flow Identity

Cash Flow Identity. Graffiti Advertising, Inc., reported the following financial statements for the last two years. Construct the cash flow identity for the company. Explain what each number means.2016 income Statement 
Sales $714,578 Cost of goods sold 384,591 Selling a. administrative 157,787 Depreciation 69.038 EBIT $103.562 IntereN 24,410 EBT $ 79,152 Taxes 27,703 
Net income $ 51,449 DiNdends $ 16.200 Addition to retained earrings 35.249 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2015 
Cash $ 16.849 Accounts payable $ 12,115 Accounts receivable 24.027 Notes payable 18,237 Inventory 17.449 Current liabilities $ 30,352 Current assets $ 58.325 Long-term debt $173,100 Net fixed assets $435,670 Owners' equity $290,543 Total liabilities and Total assets $493,995 owners' equity $493,995 GRAFFITI ADVERTISING. INC. Balance Sheet as of December 31, 2016 Cash $ 18.098 Accounts payable $ 13,297 Accounts receivable 26,690 Notes payable 20,830 Inventory 28.783 Current liabilities $ 34,127 Current assets $ 73.571 Long-term debt $192,300 Net fixed assets $513,980 Owners' equity $361,124 Total liabilities and Total assets $587,551 owners' equity $587,551