Prepare a statement of cash flows for 2010 for Sondergaard Corporation.

Cash Flow From Operating Activities:
Net income (loss) $(2,400)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation 500
Amortization 400
Changes in assets and liabilities: Accounts receivable 550 Decrease in inventory 450 Increase in accounts payable 150 Net cash provided by operating activities $ 575

Cash Flow From Investing Activities: Capital expenditures ($1,200) Purchase of investments ($6,000) Net cash used for investing activities ($7,200 )

Cash Flow From Financing Activities: Dividends paid $(4,000 ) Borrowings from bank 8,000 Repayment of debt (3,500 ) Net cash provided by financing activities $ 375

Net increase/(decrease) in cash and cash equivalents $(6 , 250 ) Cash and cash equivalents at beginning of year 10 , 000 Cash and cash equivalents at end of year $ 3 , 750