2 PART 4: STATEMENT OF CASH FLOWS 30 POINTS Samuel Corp. has provided the following information for the year ended December 31, 2016 Samuel Corp Comparative Balance Sheet December 31, 2018 and 2017 2017 Increase (Decne) Current Ass Cash 531000 $12.000 Accounts Receivable 29,000 0.000 00) Inventory 16.000 20.000 2000 Plants Assets.net 126.000 92.000 31,000 Total Assets 52100 SIA SEO Accounts Payable 513000 14.00) Accrued Liabilities 7.000 2000 4000 Long-term Notes Payable 2000 2000 QAD Total Liabities SLO SA SOAL Common Stock $55.000 $1.000 552.000 Retained lamingo 115.000 78.000 37,000 Tranny Stock (12.02 Total Stockholders Equity $15 SO Sklo Total Liabilities and Stockholders' Equity S.RO SIZE SEL 50.000 Sam Corp Income Statement Year ended December 31, 2018 Sales Revenue $221.300 Interest Revenue LOO Gain on Sale of Plant Assets Total Revenues and Gains $29.00 Cost of Goods Sold Salaries and Wapes Expense 20.000 Depreciation Experie-MantArt 10.000 Other Operating Exper 25.000 Interest Expense Income Tax Expense ZA Total expenses 246.00 Net Income 145.000 Additional information provided by the company includes the following Equipment conting ..000 was purchased for cash Equipment with a netet value of $10,000 was sold for $11,000 Depreciation Expense of 516,000 was recorded during the year. During 2018, the company repaid $13.000 of Long-Term Notes Payable. During 2015 the company borrowed 534,000 on a new Long-Term Note Payable There were no stock retirements during the year There were no sales of treasury stock during the year All sales are on Credit Prepare a complete statement of cash flows using the indirect method