Statement of Cash Flows-Indirect Method The comparative balance sheet of Whitman Co. at December 31, 2014 and 2013, is as follows: Dec. 31,2014 Dec. 31, 2013 Assets 918,000 964,800 761,940 1,268,460 ,162,980 35,100 479,700 900,900 (408,600) (382,320) 454,680 Cash 828,900 Inventories Prepaid expenses 29,340 315,900 1.462,500 Buildings.... 512,280 $4,785,480 4,219,020 Liabilities and Stockholders'Equity Common stock, $25 par Paid-in capital: Excess of issue price over par-common stock..... 270,000 317,000 758,000 117,000 558,000 2,517,980 2,585,700 4,785,480 $4,219020 $4785480 4219,020 The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 2014 are as follows ACCOUNT Land ACCOUNT NO. Balance Date Item Debit Credit Debi Credit 2014 Jan. Apr 20 Realized $151,200 cash 1 Balance 479,700 from sale 163,800315,900