Problem 13-11A The comparative balance sheets for Rothlisberger Company as of December 31 are presented below ROTHLISBERGER COMPANY Balance Sheets Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment 2015 $71,690 44,270 150,990 14,560 105,510 200,920 2014 $45,860 62,310 142,270 21,110 129,300 200,920 (60,830) (40,910) 154,690 228,300 44,610 35,810) Total $710,800 $679,740 Liabilities and Stockholders' Equit Accounts payable Bonds payable Common stock, $1 par Retained earnings $39,760 299,490 160,380 203,520 180,110 $47,410 259,960 199,910 $710,800$679.740 Total Additional information: 1. Operating expenses include depreciation expense of $40,220 and charges from prepaid expenses of $6,550 2. Land was sold for cash at book value 3. Cash dividends of $13,800 were paid 4. Net income for 2015 was $37,210 5. Equipment was purchased for $95,390 cash. In addition, equipment costing $21,780 with a book value of $10,280 was sold for $5,050 cash. 6. Bonds were converted at face value by issuing 39,530 shares of $1 par value common stock. Prepare a statement of cash flows for the year ended December 31, 2015, 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).) ROTHLISBERGER COMPANY t of Cash Flows For the Year Ended December 31, 2015 Adjustments to reconcile net income to