income >X ourse.com/platform/mod/quiz/attempt.php?attempt 18512468&page8 urse ? Text book D BannerWeb Coblesk D Email Cobleskill ? NBT Bank AOL Mal H Herkimer enu CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 9 Not complete Points out of 15,00 F Rlagquestion Statement of Cash Flows (Indirect Method) Arctic Company's income statement and comparative balance sheets as of December 31 of 2013 and 2012 follow: ARCTIC COMPANY Income Statement For the Year Ended December 31, 2013 Sales Revenue $946,400 Cost of Goods Sold$694,200 Wages Expense Advertising Expense40.300 Depreciation Expense28.600 Interest Expense Gain on Sale of Land (32,500) 1,001,000 Ne: Loss 247,000 23.400 $(54,600) ARCTIC COMPANY Balance Sheets Dec. 31, 2013 Dec. 31, 2012 Assets