BGP Electrical Supply is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: Balance sheet at December 31 Cash Accounts receivable Merchandise inventory Property and equipment Less Accumulated depreciation Accounts payable Accrued wages expense Note payable, long-term Common stock and additional paid-in capital Retained earnings Income statement for current year Sales Cost of goods sold Other expenses Net income Current Year Prior Year $ 38,500 $ 30,900 34,700 45,000 123,700 (32,400) $209,500 $ 38,600 2,400 46,000 91,700 30,800 $ 209,500 $ 130,000 80,000 38,800 $ 11,200 30,200 39,100 101,500 (26,200) $ 175,500 $29,800 2,900 49,300 73,900 19,600 $ 175,500