Cash Flow From Operating Activities

Net Income HK$ 170,000

Adjustment
Decrease in A/R 68,000
Increase in Inventory -51,000
Increase in A/P 85,000
Decrease in N/P 17,000
Increase in Tax Payable 8,500
Depreciation Exp 153,000
Loss On Sale Of Equipment 17,000
263,500
Net Cash Provided By Operating Activities 433,500
Cash Flow From Investing Activities
Sale Of Equipment 17,000
Purchase Of Equipment -272,000
Net Cash Used By Investing Activities -255,000
Cash Flow From Financing Activities
Retirement Of Bonds Payable -51,000
Issued Of Ordinary Share 42,500
Paid Dividends -136,000
Net Cash Used By Financing Activities -144,500
Net Increase In Cash 34,000
Net Cash In January 1, 2016 119,000
Net Cash In December 31, 2016 153,000