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STUDEBAKER NATIONAL MUSEUM, 1 C. <br /> ' Statements of Cash Flows <br /> For the Years Ended December 31,2016 and 2015 <br /> ' 2016 2015 <br /> CASH FLOWS FROM OPERATING ACTIVITIES: <br /> ' Change in net assets $ 13,395 $ (71,150) <br /> Depreciation and amortization 66,091 67,488 <br /> ' (Increase)decrease in <br /> Accounts receivable 22,076 (46,496) <br /> Gift shop inventory (16,881) 9,854 <br /> Prepaid expenses (4,052) 1,656 <br /> ' Increase(decrease)in <br /> Accounts payable 5,074 <br /> (100 <br /> Deferred revenue (100) 2,825 <br /> ' Accrued expenses (46,917) 22,836 <br /> Total adjustments 24,430 63,237 <br /> ' Net Cash Provided(Used)by Operating Activities 37,825 (7,913) <br /> CASH FLOWS FROM INVESTING ACTIVITIES: <br /> ' Proceeds(purchase)of investments,net (1,539) 2,556 <br /> Purchase of property and equipment (50,410) (10286) <br /> ' Net Cash(Used)by Investing Activities (51,949) (7,730) <br /> ' NET(DECREASE)IN CASH (14,124) (15,643) <br /> Cash - beginning of year 669,496 685,139 <br /> CASH- END OF YEAR $ 655,372 $ 669,496 <br /> ' (See auditors' report and notes to financial statements.) <br /> 5 <br />