Assets Current Assets Cash $114,540 $56,200 Accounts Receivable $97,000 $77,600 Merchandise Inventory $215,000 $183,300 Prepaid Expenses $17,700 $17,700 Total Current Assets $444,240 $334,800 Noncurrent Assets Land $0 $36,000 Equipment $349,000 $349,000 Less: Accumulated Depreciation $-26,900 $-23,800 Total Noncurrent Assets $322,100 $361,200 Total Assets $766,340 $696,000 Liabilities Current Liabilities Accounts Payable $51,500 $44,200 Notes Payable, Current Portion $6,700 $6,700 Total Current Liabilities $58,200 $50,900 Notes Payable, Long-Term Portion $51,300 $58,000 Total Liabilities $109,500 $108,900 Stockholders' Equity Common Stock $145,000 $145,000 Retained Earnings $511,840 $442,100 Total Stockholders' Equity $656,840 $587,100 Total Liabilities and Equity $766,340 $696,00 Create the Statement of Cash Flow Using the Indirect method