Statement of Cash Flows Labels and Amount Descriptions S Instructions The comparative balance sheets of Posner Company, for Years 1 and 2 ended December 31, appear below in conden Year 2 Year 1 Assets 0000 5000000 553 37,000.00 108.500.00 s Cash Accounts receivable (net) 5 Inventories 6Investments 7Equipment 48,000.00 100,000.00 70,000.00 450,000.00 14200000 (176,000.00) 542,000.00 573,200.00 Total Assets 629,700.00 Liabilities and stockholders' equity 11 Accounts payable 12 Bonds payable, due Year 2 13 Common stock, $10 par 62,500.00 3800.00 100,000.00 52500000 285.0000 Paid-in capital in excess of par-common stock 15 Retained earnings 6 Total liabilities and stockholders' equity 80,000.00 55,000.00 8,200.00 $629,700.00 $542.000.00 162.200.00 The income statement for the current year is as follows All work saved