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, 20Y2 20Y1 Assets Cash $156 $51 Accounts receivable (net) 89 64 Inventories 56 35 Land 128 146 72 56 (19) (10) $482 $342 Equipment Accumulated depreciation equipment Total Assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, si par Paid in capital: Excess of issue price over par- common stock 361 $51 10 32 16 72 40 Retained earnings 307 235 Total liabilities and stockholders equity $482 $342 The following additional information is taken from the records 1. Land was sold for $45 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year 4 Thn.common stock wad for cash Check My Work 3 more Check My Work uses romaning Assignment Score: 0.0% The 10 Borneo Ole Jones Industries Inc State of Cashow For the Year Ended December 11, 2012 Choring Sain en eind Change Incentre Increase inimene Intensable Cordones Cash from sales and Cassed at chats et sement shume Com Chleb Santa Teclado DDDDDDD bato Che Way We of contact Crvenec anh 0000 th www. Chely TO