Ehrens Corporation Balance Shorts At December 31 Assets: Cash... Accounts receivable... Merchandise inventory Long-term investments .. Equipment ............. Accumulated depreciation .... Total assets................... why dorou thak prefered: Direct Mothed 2009 2008 wat sletinal $ 24,640 $ 23,040 of cash flow show 32.180 20.00 73.125 61.710 55.900 56,400 175,500 145,500 (33.550) (31.200) $327.795 $284.850 Liabilities: Accounts payable $ 65,000 S 40,380 Income taxes payable..... 10,725 10,200 Bonds payable............. 48.750 66.000 Total liabilities.... $124,475 S116,580 Equity: Common stock 117.000 96,000 Contributed capital in excess of par...... 13,000 9,000 Retained earnings... 73.320 _63.270 Total equity.... $203.320 $168.270 Total liabilities and equity ................. $327.795 $284,850 sources and wes of cash Ehrens Corporation and changes Income Statement For Year Ended December 31, 2009 Sales............. S240,000 Cost of goods sold...... $80.900 Depreciation expense..... 29.400 Other operating expenses...... 48,000 Interest expense.... 2,000 (160,300) Other gains (losses): Loss on sale of equipment... _(8.400) Income before taxes....... 71,300 Income taxes expense.... 27.650 $143.650 Net income.............. Additional information: (1) There was no gain or loss on the sales of the long-term investments, nor on the bonds retired. (2) Old equipment with an original cost of $37,550 was sold for $2,100 cash. (3) New equipment was purchased for $67,550 cash. (4) Cash dividends of $33,600 were paid. (5) Additional shares of stock were issued for cash. Prepare a complete statement of cash flows for calendar year 2009 using the indirect method