Show Me How Calculator Statement of Cash Flows-Indirect Method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2017, is as follows: Dec. 31, Dec. 31, 2018 2017 Assets Cash Accounts receivable (net) $68,620 105.440 30 Inventores 1 $84,180 113,480 140 650 4,260 252,000 6,140 306,830 Prepaid expenses Equipment Accumulated depreciation equipment Total assets (29,780) (61.800) 5557870 $532.770 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Mortgage note payable Common stock, $1 par Pald-in capital: Excess of issue price over par common stock $117,150 0 18,000 255,000 $111,350 159,830 11,000 150,000 100,590 Retained earnings 167,720 Total liabilities and stockholders' equity $557,670 $532,770 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 2018 are as follows: a. Net income, 5171,850. b. Depreciation reported on the income statement, $38,900. c. Equipment was purchased at a cost of $75,750, and fully deprecated equipment costing $20,920 was discarded, with no salvage realted. Check My Work 4 more Check My Work uses remaining