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The accounting records provide the following information. Prepare an INDIRECT Cash Flow Statement as the end of Year 2. Justin Time Corp. Balance Sheet

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The accounting records provide the following information. Prepare an INDIRECT Cash Flow Statement as the end of Year 2. Justin Time Corp. Balance Sheet End of Year 2 Cash Year 1 Year 2 880 692 Accounts Receivable Merchandise inventory Equipment, net Total assets Accounts payable 2,640 1.880 880 2,640 15,840 19,240 20.240 24,452 2,420 2,232 Salaries payable Bonds Payable Common Stock (no-par) 440 220 5,280 6,160 9,680 10,560 Retained earnings 2,420 5,280 Total liabilities and stockholder's equity 20.240 24,452

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