QS 12-19 Indirect: Preparing statement of cash flows LO P1, P2, P3 Comparative Balance Sheets Decomber 31, 2018 and 2817 Assets Cash Accounts reccivablc, nct nventory Total current assets Equipnent Accum. depreciation Equipment Total assets Liabilities and Equity Accounts payable Salarics payablc Total current liabilities Equity Common stock, no par value Rctained carninEs Total liabilities and equity $57,800 57,900 17,600 128,200 101,7A0 1/7,288 60,200 14,300 200,300 1,800 (32,100) (22,200) $239, 209 $215,288 $34,200 $ 36,900 37,780 600 34,800 1/2,900 160,100 31,50017,40e $239, 209 $215,288 MONT GOMERY INC Income Statenent For Year Ended December 31, 2018 Sales Cast of gonds sold Gross profit Operating expenses $ 61,80