Based on the following information, prepare the statement of cash flows using the indirect method. Sleet Company Balance Sheet 2015 $37,500 Current assets: Change Cash Accounts receivable Interest Receivable Inventory Prepaid expenses $15,600 43,100 900 89,900 2,200 $21,900 (1,600) (300) 4,400 (500) 41,500 600 94,300 1,700 Long-term assets Plant & equipment (net) Land 100,900 35,100 93,700 10,000 7,200 25,100 Tota Assets 311,600 255,400 Current liabilities: Accounts payable Interest payable Salary Payable Other accruals Tax payable 16,400 6,300 2,100 18,100 6,300 17,900 6,700 1,400 18,700 3,800 (1,500) (400) 700 (600) 2,500 Long-term liabilities 55,000 (10,000) Note payable Stockholder's equity Common stock Retained earnings 131,100 76.300 122,300 19,600 8,800 56,700 Total Liabilities and Equity 311,600 255,400 Income Statement For the Year Ended December 31, 2015 Revenues: $461,800 Sales Interest Revenue Total Revenue 473,500 nses: Cost of goods sold Depreciation expense Salary expense Other operating expenses Interest expense Tax expense Total expense 206,200 15,300 76,400 49,700 24,600 388,100 85,400 Net Income