from operating activities PR 16-2A Statement of cash flows--indirect method 2015, is as follows: Net cash flow from The comparative balance sheet of Del Ray Enterprises Inc at December 51, 2016 and operating activities $419,200 Dec. 31, 2016 Dec. 31, 2015 Assets Cash 146,600 224,600 321,600 179,800 242,000 299.200 Merchandise inventory.... Prepaid expenses 9,600 537.000 (132.200) .$1,190,400 $1,135,400 13,400 655,000 (170,800) Accumulated depreciation-equipment... Total assets... Liabilities and Stockholders' Equity tors). 250,200 237,600 Mortgage note payable. 336,000 74,000 470,000 396,200 $1,190,400 24,000 320,000 217 $1,135,400