cal shu QUESTION 1 (30 points) statement of Cash Flows for ikiban, Inc. Please use the following information to complete a IKIBAN, INC. Comparative Balance Sheets June 30, 2015 and 2014. 2014 2015 Assets 59,200 96,600 Cash 51,700 69,200 Accounts receivable, net 96,400 66,800 Inventory 5900 Prepaid expenses 213,200 237,200 Total current assets 117,000 133,200 Equipment 10,500 (29.000). Accumulated Depreciation-Equipment 700 241.400 Total assets Liabilities and Equity 33,000 26,800 Accounts payable 16,700 7,100 Wages payable 3.600 2,9 Income taxes payable 53,300 36,800 Total current liabilities 73,000 44,000 Notes payable (long term) 126,300 80,800 Total liabilities Equity 185,000 236,000 Common stock, $5 par value 8,400 24,600 Retained earnings 41.4 Total liabilities and equity