Esplain lo Brian Young why cash declined so sharply during the year Prepare a Statement of Cash Flows (Indirect Method) CHECK FIGURE (1) Net cash provided by EM 13-14 (LO2, LO3) financial statements for Shores Inc. follow operating activities: $91 SHORES INC. Comparative Balance Sheet December 31, Year 2 and Year I Year 2 Year I $ 8 $18 233 168 Prepaid expen Plant and ques 612 . (97) 475 (88) Long-term investment Toral assets $1,027 $833 Liabilities and Stockholder's Equity Accounts payable Accrued liabilities... Bonds payable Deferred income taxes . Common stock Retained earnings 321 $225 174 106 Tocal liabilities and stockholders' equity SHORES INC Income Statement For the Year Ended December 31, Year 2 Sales Less cost of goods sold Gross margin Less operating expenses