Cash flow statement

Benjamin Company Comparative Balance Sheets December 31, 2013 and December 13, 2014 Assets 2013 2014 Difference Cash 27,360 94,560 67,200 Accounts Receivable 95,430 122,430 27,000 Inventory 127,890 102,890 (25,000) Prepaid Expenses 20,000 (20,000) Land 25,000 25,000 Building 137,000 137,000 Accumulated Depr. - Building (15,000) (15,000) Equipment 34,000 33,000 (1,000) Accumulated Depr - Equipment (24,000) (14,500) 9,500 Patents 6,000 4,000 (2,000) Total Assets 286,680 489,380 202,700 Liabilities & Stockholder's Equity Accounts Payable 46,750 20,750 (26,000) Notes Payable (Current) 10,000 10,000 Accrued Liabilities 12,300 (12,300) Mortgage Payable 162,000 162,000 Common Stock $10 par value 150,000 180,000 30,000 Additional paid in capital 37,200 57,200 20,000 Retained Earnings 40.430 59.430 19,000 Total Liabilities & S/E 286,680 489,380 202,700 Additional information: 1. Net income $28,000 2. Building depreciation $15,000 3. Equipment depreciation $3,000 4. Sold equipment that cost $13,500 with accum. depreciation of $12,500 at a gain of $5,300 5. Equipment purchases $12,500 6. Patent amortization $3,000 7. Purchased a patent $1,000 8. Issued a note payable $25,000 9. Repaid a note in the amount of $15,000 10. Land and building purchased with a mortgage $162,000 11. Sold 1,500 shares of $20 par common stock for a total of $50,000 12. Paid dividends of $9,000