Sanders Company
Balance Sheets
At December 31, 2013 and 2012
			2013	2012			2013	2012
Cash..			42,000	27,000	Salaries payable.		8,700	9,400
Accounts receivable..			27,200	31,700	Accounts payable..		13,200	8,400
Inventory..			88,300	86,400	Notes payable		90,000	75,000
Land.			57,000	82,000	Bonds payable.		80,000	100,000
Plant and equipment..			115,000	107,000	Common stock		25,000	22,700
Less: Accumulated depreciation..			50,300	47,400	Retained earnings..		62,300	71,200
			279,200	286,700			279,200	286,700
Net income for 2013 was $88,800. No depreciable assets were sold during 2013.
Land was sold for a $6,000 gain in 2013
Prepare a cash flow statement in good form. Include a proper heading and appropriate descriptions for all items.