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Instructions Solpoder Corporation Comparative Balance Sheets At December 31, 20X1 and 20X2 20x1 20x2 2 Assets 3Cash 4Accounts receivable, net $49,500.00 135,00000 27,000.00 180,00000 $8100000

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Instructions Solpoder Corporation Comparative Balance Sheets At December 31, 20X1 and 20X2 20x1 20x2 2 Assets 3Cash 4Accounts receivable, net $49,500.00 135,00000 27,000.00 180,00000 $8100000 108,00000 $4000:00 180,00000 3600000)(4500000) $355,500.00$378,000:00 Inventory 6Plant and equipment 7 Accumulated depreciation 8 Total assets 9 Liabilities and equity: 10 Accounts payable 11 Common stock 12 Retained earnings s Total liabiities and equity ssz60000 s18,000 190,80000 10710000 $35550000 $37800000 207000.00 15 Solpoder Corporation Income Statement For the Year ended December 31, 20x2 $297000.00 (175,50000) $121,500.00 (58,50000) $63,00000 1 Sales 2 Cost of goods sold 3 Gross margin 4Operating expenses s Net income Dividends of $17,100 were paid. No equipment was purchased or retired during the current year Required: Prepare a statement of cash flows using the indirect method

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