Insons The coine arative balance sheet of Livers Inc. for December 31, 2043 and 2012. is shown as follows. Dec 31, 2015 Dec 31, 2012 Assets 3 Cash 5155,000.00 $150,000.00 5 Accounts receivable (net) 400,000.00 450,000.00 770,000.00 15 Inventories 750,000.00 & Investments 0.00 100,000.00 Land 500.000,00 0.00 13 FOTO 10.000.00 Statement of cash flows-indirect method Label and Amount DRECTION Statement of Cash Flows Instructions Accumulated depreciation equipment (600,000.00) (500.000,00) 10 Total assets $2,675.000.00 $2,100,000.00 11 $340,000.00 $300,000.00 Liabilities and Stockholders' Equity 13 Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) 14 Dividends payable 45,000,00 50,000.00 50,000.00 25.000.00 700.000,00 500,000.00 Common stock 54 par A 200.000.00 115 Paidinapital in excess of parmmon stock 1.560.00 1 Betained earrings 52675.000 abandista Statement of cash flows-indirect method Statement of Cash Flows structions Additional data obtained from an examination of the accounts in the ledger for 2093 are as follows. a The investments were sold for $175,000 cash b. Equipment and land were acquired for cash c. There were no disposals of equipment during the year, d. The common stock was issued for cash e. There was a 5500,000 credit to Retained Earnings for net income. f. There was a $90,000 debit to Retained Eamings for cash dividends declared Prepare a statement of cash flows, using the indirect method of presenting cash rows from contact Refer to the cases and Amoon Destione Nist provided for the exact wording of the answer choices for text entries Be sure to complete the heading of the statement Enter amount matre SOP The investments were sold for $175,000 cash 5. Equipment and land were acquired for cash. c. There were no disposals of equipment during the year d. The common stock was issued for cash e. There was a $500,000 credit to Retained Earnings for net income . There was a $90,000 debit to Retained Earnings for cash dividends declared Prepare a statement of cash flows, using the indirect method of presenting cash nows from operating acties Refer to the Labels and Amount Descritor list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement Enter amounts that represen cash outflows as negative numbers using a minus sign 5 hp ngageHOW.Com/in/takeAssignment/takeAssignmentMain.do?invoker=&takeAss Statement of cash flows-indirect method instructions Label and Amount Descriptions Statement of Cash Flows Labels and Amount Descriptions Labels and Amount Descriptions Cash paid for dividends Cash paid for merchandise Cash paid for purchase of equipment Cash paid for purchase of land Cash received from customers Cash received from sale of common stock Cash received from sale of investments December 31, 20Y3 Decrease in accounts payable Decrease in accounts receivable Decrease in accrued exconses pavable nt/takeAssignmentMain.do?invoker=&tak Statement of cash flows-indirect method instructions Statement of Cash Labels and Amount Descriptions Decrease in inventories Depreciation For the Year Ended December 31, 2013 Gain on sale of investments Increase in accounts payable Increase in accounts receivable Increase in accrued expenses payable 2 Increase in cash Increase in inventories Loss on sale of investments Net cash flow from operating activities Net cash flow used for operating activities nent of cash flows-indirect method structions Labels and Amount Descriptions Statement of Cash FI Labels and Amount Descriptions LUSS IT SOIC VILIVELLCIRIS EX Net cash flow from operating activities Net cash flow used for operating activities Net cash flow from investing activities Net cash flow used for investing activities Net cash flow from financing activities Net cash flow used for financing activities Net decrease in cash Net income Net increase in cash Net loss