The Stadlers are a middle-class family living comfortably in a single-family home in a suburb of Vancouver. Mr. and Mrs. Stadler earn a decent family income, bringing home almost $65,000 after taxes and other deductions. They have two active school-age children. The Stadlers have come
to you to assess their family’s financial situation. As a starting point you decide to look at their cash flow for 2017. You organize the information they provided you into the traditional cash flow statement format shown below
Stadler Family
Cash Flow Statement for 2017
Cash from operations
Cash received in salaries……………………. $64,275
Cash spent on household activities…………… (48,750)
Cash spent on vacations……………………. (3,200)
Cash spent on children and their activities…….. (15,900)
……………………. ……………………. …… (3,575)