of cash flows-indirect method balance sheet of Coulson, Inc. at December 31, 2016 and 2015 operating from rom The comparative balance sheet ies, Dec. 31, 2016 PR 16-38 Statement Dec.31 $300,600 704,400 918,600 18,600 990,000 1,980,000 s 337 800 609 600 865 800 Assets Cash Accounts receivable (net)... 26,400 1386000 990,000 366000 529,800 16200 $A217 A00 Prepaid expenses Land (397,200) 660,600 (133.200) $5,042.400 Equipment Accumulated depreciation-equipment . . $594,000 631200 Total assets Accounts payable (merchandise creditors) Income taxes payable Bonds payable 26,400 330,000 320,000 950,000 2,822,000 Liabilities and Stockholders' Equity 21600 180.000 810,000 2574,600 $4,217 400 Paid-in capital: Excess of issue price over par-common stock The noncurrent asset, noncurrent liability, and stockholders are as follows equity accounts for 201