Jeremy was born in 1948 and grew up during the 1960s. he was sent to vietnam in 1967. in vietnam he was horrified by what he saw and when he returned home he suffered sleepless nights and nightmares. he began to work at a bank but often fell asleep during the day. he met mary, another bank employee, in 1980 and they married in 1981. they divorced in 1983. mary could not cope with jeremy's nightmares, bouts of depression, and bouts with alcohol. after the divorce, jeremy's depression increased and began to drink even more heavily. he was fired from his job in the latter part of 1983. an explanation for jeremy's job loss could be termed

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer