Construct a Statement of cash flow for Timora B. Rown Nursing home based on the following information;
Inpatient charges $200,000
ER Charges $75,000
Bad Debt $8%
Interest income $2,000
Payroll taxes 7.5%
Payroll $110,000
Mortgage $30,000
Ancillary Income $35,000
Utilities $24,000
Maintenance $14,000
Contractual adjustment $20,000
Travel $1,000
Professional develop $1,500
Net