Question - Please construct a statement of Cash flows using the following information,
Glass, Inc., began 2012 with $83,000 in cash. During 2012, Glass earned net income of $430,000, and adjustments to reconcile net income to net cash provided by operations totaled $75,000, a positive amount. Investing activities used cash of $420,000, and financing activities provided cash of $11,000. Glass ended 2012 with total assets of $580,000 and total liabilities of $230,000.