At December 31 Assets: 2010 Accounts receivable Merchandise inventory Long-term investments Equipment Accumulated depreciation 24,640 23,040 32,180 29.400 73,125 61.710 55,900 $6,400 175,500 145,500 33.550)(31.200) Total assets Liabilities Accounts payable Income taxes payable Bonds payable. s 65,000 $ 40,380 10,725 10.200 48.75065.000 $124.475 $116580 Total liabilities Equity 117.000 %,000 13,000 9,000 73.32063.270 s203320 6.270 $327095 $284850 Common stock Contributed capital in excess of par Retained earnings Total equity Total liabilities and equity Ehrens Corporation Income Statement For Year Ended December 31, 2010 $240,000 Cost of goods sold Depreciation expense Other operating e Interest expense Other gains (losses) 29.400 48,000 2.000 (160.300) Loss on sale of e Income before taxes Income taxes expense Net income. 1,300 Additional information: (1) There was no gain or loss on the sales of the long-term investments, nor on the bonds retired (2) Old equipment with an original cost of $37,550 was sold for $2,100 cash. (3) New equipment was purchased for $67,550 cash. (4) Cash dividends of $33,600 were paid. (5) Additional shares of stock were issued for cash. Prepare a complete statement of cash flows for the 2010 calendar year using the indirect method. (a) Received from sales of long-term investments: $56,400-$55,900-$500 (b) Received from stock issuance: $21,000 Increase in common stock Increase in additional paid in capital Total received from stock issuance (c) Paid to retire bonds: $66,000-$48,750-$17,250