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0 <br /> a',s' ', r r <br /> 5 FINANCIAL BACKGROUND 0 <br /> Fahlgren, Inc. and Subsidiaries <br /> dba Fahlgren Mortine <br /> Consolidated Statements of Cash Flows <br /> (Restated) <br /> December 31, 2016 2015 <br /> Cash Flows from Financing Activities <br /> Proceeds from long-term debt $ - $ 400,000 <br /> Dividends paid to stockholders (100,000) (100,000) <br /> Principal payments on long-term debt (1,319,488) (1,487,950) <br /> Principal payments on capital lease obligation (55,138) (68,961) <br /> Net Cash Used in Financing Activities (1,474,626) (1,256,911) <br /> Net Increase(Decrease)in Cash 1,174,760 (2,224,624) <br /> Cash and Cash Equivalents,beginning of year 489,384 2,714,008 <br /> Cash and Cash Equivalents,end of year $ 1,664,144 $ 489,384 0 <br /> 0 <br /> Supplemental Disclosure of Cash Flow Information <br /> Cash paid during the year for interest $ 22,957 $ 38,403 <br /> Cash paid for income taxes $ 190,315 $ 118,612 <br /> Supplemental Disclosure of Non-Cash Flow Information <br /> Assets acquired under capital lease obligation $ 152,464 $ <br /> See accompanying notes to the consolidated financial statements. <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 8 <br /> TURNER 72 -------------- RFP: 17-10-01 <br /> ah <br />