Statement of Cash Flows-Indirect Method The comparative balance sheet of Tru-Built Construction Inc. for December 31, 2016 and 2015, is as follows: Dec. 31, 2016 Dec. 31, 2015 Assets Cash Accounts receivable (net) Inventories Land Equipment Accumulated depreciation-equipment $37 47 26 104 41 $117 95 53 $359 $248 Total Assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $10 par Paid-in capital: Excess of issue price over par common stock Retained earnings $45 $37 12 60 29 223 170 Total liabilities and stockholders' equity $359 $248