RION Downloadable eTextbook Exercise 23-9 Peart Corp, uses the direct method to prepare its statement of cash flows. Pearl trial balances at December 31, 2017 and 2016, are as follows Debits 35,400 $31,700 32,900 29,900 0,700 47,300 100,50095,500 4,500 5,000 250,800 379,500 142,600 173,300 38,300 151,000 2,600 20,300 61,000 $760,200 $976,800 Accounts receivable Property, plant, &equlpment Unamortized bond discount Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense ,200 Allowance for doubtful accouns $1,300 $1,100 14,800 Aocounts payable Income taxes payable Deferred tax lability 16,300 25,300 15,600 0,900 28,800 5,300 .Sons In All Rights Reserved. A Divislon o 3oh Wiey&.Sons.Ioc G Search or type URL 5 6 8 9 0