S-18 Preparing a Statement of Cash Flows of Cash Flows Below are Footloose Corporation's balance sheets as ofDecember 31, Year 1 and Year 2 and its income statement for the year ended December 31, Year 2. Year 1 Year 2 (Change) Assets 240 Cash 102 Accounts Receivable, net 150 Merchandise Inventory 142 Land 192 3,364 3,556 Buildings and Equipment Less: Accumulated Depreciation $3.560 $3.94 $24 Total Assets Liabilities and Stockholders' Equity 138 231 s 93 Accounts Payable 392 91 301 Accrued Liabilities (13) Income Taxes Payable 971 Bonds Payable 827 807 Common Stock 1302 1.379 Retained Earnings Total Equities Income Statement $2,400 Net Sales Revenue Cost of Goods Sold S800