Given the Following Information, Construct the Statement of Cash Flow $\$ 16.7$

Given the following information, construct the statement of cash flow. What happened to the firm's liquidity position during the year? Net income $\$ 16.7$
Decrease in accounts receivable $6.1$
Increase in accounts payable $13.6$
Sale of bonds $55.1$
Dividends $\quad 14.8$
Retirement of bonds $10.8$
Increase in inventory $15.2$
Depreciation expense $56.0$
Cost of goods sold $72.1$
Reduction in income taxes payable $5.0$
Sale of stock $\quad 0.4$
Purchase of plant and equipment $91.0$
Beginning cash $1.1$
Repurchase of stock $5.6$ ​
The firm's cash position has increased, but that does not mean the firm is more liquid since inventory and accounts payable increased while accounts receivable declined. You should also note that the firm increased its investment in plant by using the cash generated through depreciation and the issuing of new long-term debt. The earnings and sale of stock did not cover dividends and stock repurchases. This indicates that the firm is more financially leveraged.