Apparel Company Comparative Balance Sheet December 31, 2002 2002 2001 Difference Assets 4,500 2,500 (1,000) 2,000 (100) 15,000 (13,500) $ 134,000$ 129,1004,900 7,000 $ Cash Accounts receivable (net) Inventory Prepaid insurance Equipment Accumulated Depreciation -Equipment 37,000 37,000 500 100,000 (47,500) 38,000 35,000 600 85,000 (34,000) Total assets Liabilities and Equities Accounts payable Accruals payable Notes payable Common stock Retained earnings $35,000 $ 32,000 $3,000 (400) (1,000) 25,000 (21,700) $ 134,000 $ 129,100 $ 4,900 800 9,000 50,000 39,200 1,200 10,000 25,000 60,900 Total liabilities and equity he Apparel Company paid dividends of $25,000 during the year. There were no gains or losses from ransactions involving noncurrent accounts during the year. equired: Prepare a statement of cash flows, using the indirect method