Based on the following information, prepare a statement of cash flows for Year 2. The Venus and Serena Williams Corporation Comparative Balance Sheet As of December 31, Year 1 and Year 2 December 31, Year I Year 2 Assets Cash Marketable securities Prepaid insurance 10,000 $60,000 20,000 23,000 15,000 10,000 45,000 93,000 Total current assets Land Factory Accumulated depreciation Total Assets 10,000 12,000 100,000 130,000 (10,000 (30,000) $145,000 $205,000 Liabilities Accounts payable Accrued legal expenses $12,000 $20,000 8,000 3,000 20,000 23,000 Total current liabilities Mortgage payable Long term debt 50,000 62,000 20,000 10,000 90,000 95,000 Total liabilities Shareholders' equity Common stock Retained earnings 20,000 35,000 40,000 70,000 55,000 110,000 $145,000 $205,000 Total shareholders' equity Total Liabilities and Shareholders' Equity There were no dispositions of property during the year