PROBLEM 2-4 statements for the JHJ Book Store are as follows: INCOME STATEMENT 2013 Cost of Books Sold Expenses on sale of land 4.500,000 500,000 300,000 500,000 500,000 Net Income BALANCE SHEET 2013 2012 100,000 125,000 150,000 100,000 (25,000) 2013 600,000 425.000 450,000 450,000 (225.000) Accounts Receivable lnventory Depreciation 550 Total Assets Accounts Payable Long Term Bond Payable Total Liabilities 100,000 100,000 300,000 200,000 800,000 400,000 50,000 Common Stock Retained Earnings Total Stockholders 1.700,000 550,000 Total Liabilities+ Stockholders Equity Required: Prepare Statement of Cash Flows 163 | P age