Problems: Series A PR 16.1A Statement of cash flows-indirect method 31, 2016 and 2015. December for of De 31.2016 s 625,760 Assets 227,840 recehable iner. 1664000 Accumulated depreciation-equipment Equipme $2.362.080 uableies and stockholder Equity 424,480 404 Accounts payable (merchandise cre expenses) Accrued expenses payable operating 42,240 192001 Dividends payable 150,000 Common stock, $4 pa stock Paid in capita: Excess of issue price over par-common 417,500 1,303,860 1200320 Retained earning $2057,120 $2,362,080 Total labilties and stockholders' equity Additional data obtained from an examination of the accounts in the ledger for 20'i are as follows Net cas operating