The comparative balance sheets for Nelson Company appear below: Comparative Balance Sheet Dec. 31, 2012 Dec. 31, 2011 Assets Cash $ 30,000 $13,000 Accounts receivable16,000 14,000 Prepaid expenses 7,000 9,000 Inventory 25,000 15,000 Long-term investments-0- 18,000 Equipment 110,000 30,000 Accumulated depreciationequipment (18,000) (14,000) Total assets $170,000 $85,000 Liabilities and Stockholders' Equity Accounts payable $ 25,000 $ 7,000 Bonds payable 37,000 45,000 Common stock 90,000 23,000 Retained earnings 18,000 10,000 Total liabilities and stockholders' equity $170,000 $85,000 Additional information: 1. Net income for the year ending December 31, 2012, was $20,000. 2. Cash dividends of $12,000 were declared and paid during the year. 3. Long-term investments that had a book value of $18,000 were sold for $13,000. 4. Sales for 2012 are $120,000. 5. Issued new common stock of $50,000 in exchange for new equipment Instructions 1. Prepare a statement of cash flows for the year ended December 31, 2012, using the indirect method