Required information Exercise 12-12 (Algo) Indirect: Preparing statement of cash flows LO P2, P3, A1 [The following information applies to the questions displayed below.] The following financial statements and additional information are reported. IKIBAN INCORPORATED Comparative Balance Sheets At June 30 Assets Cash Accounts receivable, net Prepaid expenses Inventory Total current assets Equipment Accumulated depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Noter naushla (one toral 2021 2020 $106,300 $ 46,000 68,000 53,000 65,800 89,500 4,600 5,800 244,700, 194,300 126,000 (28,000) $ 342,700 $27,000 6,200 3,600 36,800 32 000 117,000 (10,000) $ 301,300 $ 33,000 15,400 4,200 $2,600 67 999