Statement of Cash Flows The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Cash Accounts receivable (net) Inventories Investments Land Equipment Assets Accumulated depreciation-equipment Total assets Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Dividends payable Common stock, $10 par Dec. 31, 20Y9 Dec. 31, 20Y8 $277,670 $261,280 100,590 93,840 283,960 277,830 0 107,640 145,650 0 313,300 245,640 (73,350) (66,240) $1,047,820 $919,990 $189,660 $181,240 18,860 23,920 10,480 8,280 56,580 45,080