Indirect Method MULDUR CORPORATION Comparative Balance Sheets 31-Dec Incr (Decr $17,682($2,513) 22,308 $2,897 16,034$3,951 69,999 ($10,005) 2011 2010 Cash Accounts receivable Investments Equipment Accumulated depreciation $15,169 25,205 19,985 59,994 -14,039 10,089 ($3,950) $115,934 ($9,620) $0 $11,052 $3,522 29,985 ($19,893) 44,980$5,038 29,917$1,713 $115,934 ($9,620) Total $106,314 Accounts payable Bonds payable Common stock Retained earnings Total $14,574 10,092 50,018 31,630 $106,314 1. Net Income was $18,322 2. Equipment which cost 10,005 and had accumulated depreciation of $1,196 was sold for $3,262. 3. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. Note: You have to calculate the gain/loss on disposal of equipment with info given. Note: You have to calculate depreciation expense using Ending less Beginning plus disposal of Eq Note: You have to calculate dividends paid with given information. (Paid in Cash)