Dec. 31, 2018 Dec. 31, 2017 Cash $94,200 $85,000 Accounts Receivable 22,900 Merchandise Inventory 22,000 139,000 131,000 Plant Assets 155,000 190,000 (25,000) $420,200 Accumulated Depreciation Total Assets (21,000) $372,900 Accounts Payable $19,000 140,500 $21,000 120,000 Notes Payable Common Stock 20,000 20,000 240,700 211,900 Retained Earnings Total Liabilities and Equity $420,200 $372,900 Additional Information: Net Income for 2018. $28,800 4,000 35,000 Depreciation Expense for 2018 (Accumulated Depreciation Increase) Plant Assets Purchased (Plant Assets Increase), Finance by Note Notes Payable Increased by Amount of Plant Assets Purchase Notes Payable Decreased by Amount of Principal Note Payments 35,000 14,500 S. Zowleskl Company Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2018 Cash Flow from Operating Activities: o Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Eg Net Cash Flow from Operating Activitier Cash Flow from Financing Activities: Net Cash Flow from Financing Activities Dj 00 Noncash Investing and Financing Activities