Statement of Cash Flows Andrew's, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 ASSETS Current assets Cash and cash equivalents $ 70,000 $ 51,000 Accounts receivable 145,000 122,000 Merchandise inventory 75,000 61,000 Total current assets 290,000 234,000 Long-term investments Investments 65,000 85,000 Property, plant, and equipment Land 40,000 25,000 Building 145,000 145,000 Less: Accumulated depreciation (37,000) (28,000) Equipment 70,000 48,000 Less: Accumulated depreciation (21.000 (14,000) Total assets $ 542,000 $ 495,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 66,000 $ 60,000 Income tax payable 12,000 10.000 Total curren 78,000 70,000 Long-term Liabilities Notes payable 62,000 70.000 Total liabilities 140,000 140,000 Stockholders' equity Common stock 310,000 260,000 Retained earnings 92,000 95.000 Total Stockholders' Equity 402,000 355.000 Total Liabilities & Stockholders' Equity $ 542,000 $ 495,000 Additional Information: A. Equipment that cost $10,000 and was 60% depreciated was sold and cash wa B. Cash dividends were declared and paid. C. Common Stock was issued in exchange for Land. D. Investments that cost $35,000 were sold. Required: Prepare, in good form, a Statement of Cash Flows using the indirect method