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, Dec. 31, 2011 20Y2 Assets Cash $205 $65 117 82 Accounts receivable (net) Inventories 73 45 Land 167 185 94 71 Equipment Accumulated depreciation-equipment (25) (13)