Benner Corporation's balance sheet appears below:

The net income for the year was $53. Cash dividends were $15.

Prepare a statement of cash flows using the indirect method.

Comparative Balance Sheet Ending Beginning Balance Balance Assets Cash and cash equivalents Accounts receivable Inventory Plant and equipment Less accumulated depreciation... Total assets S 29 50 S31 545 338 $330 57 450 $276 Liabilities and stockholders equity Accounts payable Wages payable Taxes payable Bonds payable Deferred taxes Common stock Retained earnings Total liabilities and stockholders equity 51 24 24 81 20 54 $ 44 20 21 80 23 50 S330 $276