Calculator Show Me How Book Print Item Instructions The comparative balance sheet of Livers Inc for December 31, 2013 and 20Y2, is shown as follows: 1 Dec 31, 2073 Dec 31, 2012 2 Assets 3 Cash $155,000.00 $150,000.00 - Accounts receivable (net) 450,000.00 770,000.00 400,000.00 750,000.00 5 Inventories 6 Investments 0.00 100,000.00 7 Land 500,000.00 0.00 # Equipment 1,400,000.00 Accumulated depreciation equipment 1,200,000.00 (500,000.00) (600,000.00) $2,675,000.00 $2,100,000.00 11 $340,000.00 $300,000.00 45,000.00 50,000.00 10 Total assets Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) 4 Dividends payable 15 Common stock, 54 par 16 Paid-in capital: Excess of issue price over par-common stock Retained carings Total liabilities and stockholders equity 30,000.00 25,000.00 700,000.00 600,000.00 200,000.00 175,000.00 1,360,000.00 950,000.00 $2,675,000.00 $2,100,000.00 Check My Work 5 more Check My Work uses remaining All work saved O e SU 99+ Calculator Print Item eBook Show Me How $300,000.00 $340,000.00 45,000.00 50,000.00 30,000.00 25,000.00 Instructions 11 Liabilities and Stockholders' Equity 12 Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) 14 Dividends payable 15 Common stock, 54 par 16 Paid-in capital: Excess of issue price over par-common stock 27 Retained earnings Total liabilities and stockholders' equity 700,000.00 600,000.00 200,000.00 175,000.00 1,360,000.00 950,000.00 18 $2,100,000.00 $2,675,000.00 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: a. The investments were sold for $175,000 cash b. Equipment and land were acquired for cash C. There were no disposals of equipment during the year. d. The common stock was issued for cash e. There was a $500,000 credit to Retained Earnings for net income. f. There was a $90,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities Refer to the Labels and Amount Descriptions is provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Enter amounts that represent cash outflows as negative numbers using a minus sign Check My Work 5 more Check My Work uses remaining