Problem 12-199 (LO 12-2, LO 12-3, LO 12-4, LO 12-5) The management team of Wickersham Brothers Inc. is preparing its annual financial statements. The statements are complete except for the statement of cashows. The completed comparative balance sheets and income statements are summarized Curt Year Pro Tear Balance Sheet 5134,00 126.000 Accounts receivable 5116,700 146.000 10.000 205,000 Party and quiet Less Related depreciation Salaries and was Payable Total liabilities and stockholders wity Ot o mation from the company's records includes the following: Bought 598.000 Paid $18,000 on long term note payable - sued new shares of common stock for $20.000 cash Cathodes of $0.900 were declared and paid to stockholders Accounts Payable arose from invertory burchases on credit . contex 2 20 stepense (55.400) were paid in full at the end of both years and are included in Other