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2. The comparative balance sheet of Sun Corporation at the beginning and the end of the year 2019 appears below (10 points) Sun Corporation Balance

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2. The comparative balance sheet of Sun Corporation at the beginning and the end of the year 2019 appears below (10 points) Sun Corporation Balance Sheet Jan,1.2019 Inc/Dec Assets Dec 31, 2019 ? Cash S 13,000 45,000 ? A/R 91,000 88,000 ? Equipment 39,000 22,000 ? Less:Acs Depr (17,000) (11,000) Liabilities and Stockholders Equity / ? 20,000 15,000 Common Stock 100,000 80,000 38,000 Retained Earning 17,000 ? Total 158,000 112,000 Net income of $ 44,000 was reported, and dividends of $ 23,000 were paid in 2019. New equipment was purchased, and none was sold. Required: Prepare cash flow using the indirect method! (Ctrl)

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