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• i • <br /> CHI-ADA CORPORATION <br /> STATEMENT OF CASH FLOWS <br /> FOR THE YEAR ENDED DECEMBER 31, 2014 <br /> Reconciliation of Net Income (Loss) to Net Cash <br /> Provided by Operating Activities <br /> Net Profit $ 79,889 <br /> Adjustments to Reconcile Net Income to <br /> Net Cash Provided by Operating Activities <br /> Depreciation 61,967 <br /> (Decrease) Increase in Accounts Receivable 45,454 <br /> (Decrease) Increase in Employee Advances 10,278 <br /> (Decrease) Increase in Payroll Taxes Payable (34,246) <br /> Decrease (Increases) in Accounts Payable & Accrued Expenses 218,754 <br /> Net Cash provided for Operating Activities 382,096 <br /> INVESTMENT ACTIVITIES: <br /> Acquisition of Fixed Assets (99,993) <br /> Business Investments (200.000) <br /> Net Cash used for Investing Activities (299,993) <br /> FINANCING ACTIVITIES: <br /> Repayment of Loan from Shareholders (124,519) <br /> Repayment of Wells Fargo Loan (13.197) <br /> Net Cash used for Financing Activities (137,716) <br /> Net Increase (Decrease) in Cash and Cash Equivalent (55,613) <br /> Cash - January 1, 2014 505,172 <br /> Cash - December 31, 2014 $ 449.559 <br /> SUPPLEMENTAL DISCLOSURE: <br /> Interest Paid $ 17.398 <br /> See Independent Accountant's Review Report <br /> 6 <br />