NOSKER COMPANY Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipment 2017 $35,100 $19,800 18,450 32,150 26,050 59,800 29,900 77,500 (23,550 $123,200 $112.500 Total Accounts payable Income taxes payable Bonds payable Common stock Retained s 28,700 16,750 8,150 32,450 14,900 40.250 $123,200 $112,500 7,350 26,600 18,600 41,950 Total NOSKER COMPANY For the Year Ended December 31, 2017 $242,200 176,000 66,200 23,600 42,600 2,150 40,450 Sales revenue Cost of goods sold Gross profit Income from operations Income before income taxe:s Income tax expenss Net income 31,500 Additional data: 1. Dividends declared and paid were 529,800 2. During the year equipment yas sold for s8, 100 cash. This equipment cost s17.,700 originally and had accumulared deprec ation of 59.600 at the time of sale. All depreciation expense, $15.950, is in the operating expenses 4. All sales and purchases are on account Prepars a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign e-g. -15,000 or in parenthesis e.g. (15.000)