Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2041, is as follows: Dec. 31, 20Y2 Dec. 31, 2011 Assets Cash $102 $33 Accounts receivable (net) 58 41 Inventories 36 23 Land 83 93 47 36 Equipment Accumulated depreciation-equipment (13) (7) Total Assets $313 $219 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $39 $33 Dividends payable 6 Common stock, $1 par 21 10 Paid-in capital: Excess of issue price over par- common stock 51 26 Retained earnings 196 150 Total liabilities and stockholders' equity $313 $219 The following additional information is taken from the records: Check My Work 2 more Check My Work uses remaining. Previous Next > For the Year Ended December 31, 20Y2 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: 0 0 100 DI Net cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow from investing activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash at the beginning of the year Cash at the end of the year $ b. Was Olson-Jones Industries Inc.'s net cash flow from operations more or less than net income? Check My Work 2 more Check My Work uses remaining.