1.
| Net cash provided by operating activities | $ 439,800 |
| Less: Cash spent for capital Assets | $ (210,700) |
| Free cash flow | $ 229,100 |
2.
| Concord Corporation | ||
| Statement of Cash flows | ||
| For the Year Ended December 31, 2017 | ||
| Cash flows from operating activities | ||
| Net Income | $ 34,880 | |
| Adjustments to reconcile net income to ; | ||
| Depreciation expense | $ 19,075 | |
| Increase in accounts receivable | $ (6,540) | |
| Increase in inventory | $ (8,720) | |
| Increase accounts payable | $ 4,360 | |
| Decrease in income tax payable | $ (1,090) | |
| $ 7,085 | ||
| Net cash provided by operating activities | $ 41,965 | |
| Cash flows from investing activities | ||
| Cash received from sale of equipment | $ 9,265 | |
| Net cash provided by investing activities | $ 9,265 | |
| Cash flows from financing activities | ||
| Cash paid for dividends | $ (21,800) | |
| Cash paid for retire bonds | $ (17,440) | |
| Cash received from issuance of common stock | $ 4,360 | |
| Net cash used by financing activities | $ (34,880) | |
| Net Increase in cash and cash equivalents | $ 16,350 | |
| Cash and cash equivalents at beginning of period | $ 21,800 | |
| Cash and cash equivalents at end of period | $ 38,150 | |
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All of them please addition, cash spent for capital assets during the period was $210,700. No...