Statement of Cash Flows-Indirect Method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2048 and 2047, is as follows: Dec. 31, 2018 Dec. 31, 2017 Assets $104,020 $85,060 130,700 140,230 Cash Accounts receivable (net) Merchandise inventory Prepaid expenses Equipment Accumulated depreciation equipment 186,720 173,810 5,270 7,610 380,360 (98,890) $691,560 311,410 (76,370)