Please help with Cash flow statement problem!?

Please help me if you have time. i have most of my project done, I just don't know what is correct and would like something to check my work

Income Statement

For Month Ended January 31, 2013

Sales $130,500

Less: Sales Discount $800

Sales Returns and Allowances $2,000 $2,800

Net Sales $127,700

Cost of Goods Sold $76,000

Gross Profit $51,700

Operating Expenses

Selling Expenses

Depreciation Expense: Store Equipment $1,500

Supplies Expense $1,000

Salaries Expense: Sales Force $8,000

Payroll Tax Expense: Sales Force $720

Utilities Expense: Store $1,100

Repairs Expense: Store $800

Total Selling Expenses $13,320

General and Administrative Expenses

Depreciation Expense: Building $1,250

Depreciation Expense: Office Equipment $5,000

Salaries Expense: Office $12,000

Payroll Tax Expense: Office $1,080

Insurance Expense $400

Repairs Expense: Office $2,500

Utilities Expense: Office $1,500

Amortization Expense: Patents $1,400

Delivery Expense $1,000

Total General and Administrative Expenses $26,130

Total Operating Expenses $39,450

Non-Operating Expenses

Interest Expenses $8,050

Total Non-Operating Expenses $8,050

Other Income

Interest Revenue $180

Total Other Income $180

Net Income $4,380

Balance sheet

ASSETS

Current Assets

Cash $642,375

Accounts Receivable $10,000

Interest Receivable $180

Note Receivable $30,000

Merchandise Inventory $113,500

Store Supplies $7,000

Office Supplies $1,800

Prepaid Insurance $5,600

Total Current Assets $810,455

Property, Plant, and Equipment

Land $468,500

Building $800,000

Office Equipment $180,000

Store Equipment $200,000

Less: Accumulated Depreciation: Building $(91,250)

Accumulated Depreciation: Office Equipment $(35,000)

Accumulated Depreciation: Store Equipment $(31,500)

Property, Plant, and Equipment Net $1,490,750

Intangible Assets

Patents $138,600

Total Intangible Assets $138,600

Total Assets $2,439,805

LIABILITIES AND STOCKHOLDER'S EQUITY

Current Liabilities

Accounts Payable $45,000

Interest Payable $6,950

Income Tax Payable $25,000

Total Current Liabilities $76,950

Long-Term Liabilities

Notes Payable $200,000

Bonds Payable $1,000,000

Less: Discount on Bonds Payable $(23,900)

Long-Term Liabilities Net $1,176,100

Total Liabilities $1,253,050

Stockholder's Equity

Common Stock, $.50 par value, 1,000,000 authorized; $105,000

210,000 shares issued and outstanding

APIC: Common Stock $685,000

Preferred Stock, $100 par value, 4,000 authorized, issued, $400,000

and outstanding

APIC: Preferred Stock $15,500

APIC: T-Stock $15,000

Less: Treasury Stock $(85,000)

Retained Earnings $51,255

Total Stockholder's Equity $1,186,755

Total Liabilities and Stockholder's Equity $2,439,805

additional information

1. Common stock dividends paid: $50,000

2. Preferred Dividends: $28,125

3. Mortgage payable of $400,000 paid off using portions of sale of bonds

4. $1,000,000 bonds payable issued at 97.6

5. 10,000 shares common stock par value $.50 sold at $9 per share issued in exchange for land

6. 10,000 treasury stock reissued at $10 per share

7. Purchased more Land, $50,000 cash $200,000 long term note payable