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2. Benner Corporation's balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance Assets: co Cash and cash equivalents s 29 50 S 31

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2. Benner Corporation's balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance Assets: co Cash and cash equivalents s 29 50 S 31 57 51 7 450 313 25 op Inventory f Plant and equipment. o Less accumulated depreciation. 5 545 338 Liabilities and stockholders' equity Accounts payable Wages payable $ 44 S 51 20 47 . 24 81 20 54 O Taxes payable.. Bonds payable 23 o Deferred taxes. s Common stock Retained earnings.. 38 Total liabilities and stockholders' equity$330 $276 The net income for the year was $55. Cash dividends were $17. Required: (5 Points) Prepare a complete statement of cash flows using the indirect method. par Ro. Ne Tneome a5

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