WORK Question 9 of 12 Whispering Winds Corp. Comparative Balance Sheets December 31 Assets 2022 Cash $117.600 Accounts receivable 91,900 Inventory 111,200 Prepaid expenses 29,300 Long-term investments 139.100 Plant assets 275.800 Accumulated depreciation (46,400) Total $718,500 2021 $47.100 33,000 102,400 25.900 113,800 241.700 (51.100) $512,800 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total $111.100 16,200 113.100 219.400 258,700 $718.500 $67.800 17.000 149,300 175.800 102,900 $512.800 MTH 134 - Test MTH 134 - Test 4 odt Snapchat-Incom.png 12 MacBook Air $391,900 Whispering Winds Corp. Income Statement For the Year Ended December 31, 2022 Sales revenue Less Cost of goods sold $136,000 Operating expenses, excluding depreciation 12,600 Depreciation expense 31,700 Income tax expense 27,700 Interest expense 4,500 Loss on disposal of plant assets 7,500 Net income 220,000 $171,900 1 Additional information New plant assets costing $80,600 were purchased for cash during the year. Old plant assets having an original cost of $46,500 and accumulated depreciation of $36.400 were sold for $2,600 cash. Bonds payable matured and were paid off at face value for cash. A cash dividend of $16,100 was declared and paid during the year. 2 3 4. 5 MTH 134 - Test MTH 134 - Tout #4.pdf Snapchat-Incom...png my-image.png 12 A W Question 9 of 12 Prepare a statement of cash flows using the Indirect method (Show amounts that decrease cash flow with ether a signes -15,000 or In parenthesis es (15,000 Whispering Winds Corp Statement of Cash Flows Adjustments to reconcile net income to C > Test MTH 134 - Tout MTH 134 - Tost pdf Snapchat-joco...ng my-image.png C. MTH 134 - Test MTH 134 - Test 4.pdf Snapchat-Incom....png my-image.png d 12 @ P W > > $ e Textbook and Media