10.3 Cash Flow Statement Andr ews Baldwin Chester Digb y Erie Ferris Starting Cash P osition $23,248 $0 $14,488 $25,739 $0 $9,762 Cash F rom Oper ations Net Income(Loss) $9,048 ($5,778) $5,693 $10,232 ($2,809) $3,441 Adjustment F or Non-Cash Items Depr eciation $4,099 $3,048 $3,080 $2,040 $2,160 $2,688 Extraordinar y Gains/Losses/W rite-offs $0 $0 $0 $619 $0 $0 Changes In Curr ent Assets And Liabilities Accounts P ayable $171 $1,702 $2,022 ($73) ($24) $2,008 Inventory $0 $17,405 ($8,128) $0 $2,921 ($16,675) Accounts Receiv able $1,141 ($5,880) ($2,388) $95 ($1,406) ($1,790) Net Cash F rom Oper ations $14,458 $10,497 $279 $12,913 $842 ($10,328) Cash F rom Inv esting Net Plant Impr ovements ($27,480) $0 ($10,680) $0 $0 ($14,600) Cash F rom Financing Dividends P aid