Exercise 12-11 Indirect: Preparation of statement of cash fl The following information applies to the questions displayed below.J The following financial statements and additional information are reported. IKIBAN INC Comparative Balance Sheets June 30, 2015 and 2014 2015 Assets Cash 115,300 66,200 Accounts receivable, net 69,400 51,000 Inventory 66,200 96,700 4.600 6,200 Prepaid expenses Total current assets 255,500 220,100 Equipment 127600 116,000 Accum. depreciation-Equipment 28,400) (oooo) Total assets 354700 326,100 Liabilities and Equity 26,800 33,000 Wages payabl 7700 16,600 income taxes payable Notes payable 0ong term) Total liabilities Equity