MONTGOMERY INC. Comparative Balance Sheets December 31 MONTGOMERY INC. Income statement Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for $12,600 cash. c. Purchased equipment for cash; no equipment was sold 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method (Amounts to be deducted should be indicated by a minus sign.)