Ch: Statement of Cash Flows Use the financial statements for National Beverage Corp. to prepare the statement of cash flows using Indirect Method for the year ended Dec 29, 2019. Here are the 2019 and 2018 balance sheets for National Beverage. Balance Sheet at 31 Dec 2019 Item Cash Account receivable Inventories Property, plant, and equipment accumulated depreciation Total assets Account payable Accrued expenses (salary) Long-term debt Capital stock ($100 par value) Retained earnings Total liabilities and stockholders' equity Income statement at 31 Dec 2019 Item Sales revenue Cost of goods sold Depreciation and amortization expense other expenses Net Income 2019 65950 17100 24800 211000 -70000 248850 11000 4000 62000 90850 81000 248850 2019 Amount 250000 -100000 -25000 -44000 81000 2018 63950 24900 19000 152900 -45000 215750 21000 5000 73000 66750 50000 215750