P17-4A Use the Zurich Telecom data from Problem 17-3A. Required 1. Prepare the 20X3 statement of cash flows by the indirect method. If your instructor also assigned Problem 17-3A. prepare only the operating activities section. 2. How will what you learned in this problem help you evaluate an investment? ZURICH TELECOM, INC. Comparative Balance Sheet December 31, 20X3 20X2 Increase (Decrease) Current assets: Cash and cash equivalents Accounts receivable. Interest receivable. Inventories Prepaid expenses. Plant assets: Land Equipment, net Total assets Current liabilities: Accounts payable. Interest payable. Salary payable. Other accrued liabilities Income tax payable... Long-term liabilities: $ 8,700 $ 15,600 $ (6.900) 35.500 600 43,100 (7,600) 900 (300) 94,300 89,900 4.400 1.700 2.200 (500) 35,100 10.000 25,100 100,900 93.700 7,200 $276,800 $255,400 $21.400 $ 16.400 6,300 $ 17,900 6,700 $ (1,500) (400) 2,100 1,400 700 18,100 18,700 (600) 6,300 3,800 2,500 Notes payable. 55,000 65,000 (10,000) Stockholders' equity: Common stock, no-par 131,100 122,300 8,800 Retained earnings. 41,500 Total liabilities and stockholders' equity. $276,800 19,600 $255,400 21,900 $21,400