1. value 100 points Problem 12-206 [LO 12-S2 The management team of Wickersham Brothers Inc. is preparing its annual financial statements. The statements are complete except for the statement of cash flows. The completed comparative balanice shoots and income statements are summarized rent Year Prior Year Balance Sheet Assets Cash Accounts Receivable Merchandise Inventory Property and Equipment Less: Accumulated Depreciation 125,100$142,200 152,000133,000 114,000123,500 218,000114,000 (63,520)(33.000) Total Assets $545,580 $479,700 Liabilities Accounts Payable Salaries and Wages Payable Notes Payable, Long-Term 19,000 $ 22,800 1,900 95,000 114,000 3,800 Stockholders Equity Common Stock Retained Eanings 172,000152,000 255,780 189,000 otal Liabilitios and Stockholders' Equity $545,580$479,700