Following is a statement of cash flows (indirect method) for Hartford, Inc., for the year ended December 31, 2014. Also shown is a partially completed comparative balance sheet as of December 31, 2014 and 2013: HARTFORD, INC Statement of Cash Flows For the year Ended December 31, 2014 Cash Flows from Operating Activities: Net income $ 6,300 Add (deduct) items not affecting cash: Depreciation expense 31,500 Decrease in accounts receivable 16,100 Increase in Inventory (4,900 ) Decrease in accounts payable (4,200 ) Proceeds from short-term debt 3,500 Increase in notes payable 8,400 Net cash provided by operating activities $ 56,700 Cash Flows from Investing Activities: Purchase of equipment $ (35,000 ) Purchase of buildings (33,600 ) Net cash used by investing activities $ (68,600 ) Cash Flows from Financing Activities: Cash used for retirement of long-term debt $ (17,500 ) Proceeds from issuance of common stock 7,000 Payment of cash dividends on common stock (2,100 ) Net cash used by financing activities $ (12,600 ) Net decrease in cash for the year $ (24,500 ) Required: a. Complete the December 31, 2014 and 2013, balance sheets. b. Complete the statement of changes in retained earnings for the year ended December 31, 2014. (Amounts to be deducted should be indicated by a minus sign.)