At December 31 Assets Cash Accounts recelvable, net Inventory Total current assets Equipment Accunulated depreciation-Equipment: Total assets Liabilities and Equity Accounts payoble Salaries payable Totel current 1labilities Equity Comnon stock, no par value fletalned earnings Total 11abilities and equity current Year Prior Year \begin{tabular}{rr} 564,000 & $64,600 \\ 18,700 & 23,100 \\ 167,600 & 133,509 \\ \hline 250,300 & 221,200 \\ 92,800 & 79,000 \\ (42,000) & (29,100) \\ \hline$301,100 & 5271,100 \\ \hline \end{tabular} \begin{tabular}{rr} $44,780 & 548,400 \\ 800 & 1,099 \\ \hline 45,500 & 49,460 \end{tabular} \begin{tabular}{rr} 216,400 & 199,900 \\ 39,200 & 21,300 \\ \hline 3301,100 & $272,160 \\ \hline \end{tabular} HONTOOHEAY INCOSPORATEO Income statenent For Current Year Ended Decenber 31 sales Cost of goods' sold aross profit salaries expensp Deprectiation expense Incoee before takes Incone ter expense Net Incose a. No dividends are declared or paid. b. issued additional stock for $16,500 cash. c. Purchased equipment for cash; no equipment was sold 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign