Name Date AE13-8 Here are comparative balance sheets for Taguchi Company. TAGUCHI COMPANY Comparative Balance Sheets December 31 2010 Assets 2011 $73,075 Cash $20,114 Accounts receivable 74,753 85,821 Inv 169,789 186,323 entories 72,820 Land 100,347 Equipment 198,549 258,087 Accumulated depreciation 65,411 30,507 Total $594,181 $549,579 Liabilities and Stockholders' Equity Accounts payable $40,234 $46,383 Bonds payable 146,400 204,800 Common stock ($1 par) 215,000 172,000 Retained earnings 192,547 126,396 Total $594,181 $549,579 Additional information: 1. Net income for 2011 was $101,635. 2. Cash dividends of $35,484 were declared and paid. 3. Bonds payable amounting to $58,400 were redeemed for cash $58,400. 4. Common stock was issued for $43,000 cash. 5. No equipment was sold during 2011, but land was sold at cost. Complete the statement of cash flows for 2011 using the indirect method. (List ama