The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2041, is as follows: Dec. 31, Dec. 31, 2012 2011 Assets $185 $60 105 75 66 41 151 169 85 65 (12) (23) $569 $398 Cash Accounts receivable (net) Inventories Land Equipment Accumulated depreciation equipment Total Assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid-in capital: Excess of issue price over par common stock Retained earnings Total liabilities and stockholders' equity $72 $60 11 38 19 92 47 356 272 $569 $398 The following additional information is taken from the records: 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. The common stock was issued for cash 5. There was a 5122 credit to Retained Earnings for net inco 6. There was a $38 debit to Retained Earnings for cash dividends declared Prepare a statement of cath towel the need mathod at presenting cath rows from sparating sections, then the minor tiga tu ladical cash out frown, cah permite decreases in canh, cany negative fumurta, Ohon Jones Industries Inc Statement of Cash Flows For the Year Ended December 11, 2012 teche e income to the fronting Changes in creating at inde Charm i O WII DO poio do ut how Chroma Cash the beginning the Guated of the