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Using the following information prepare a statement of cash flows using the indirect method Curry Company Comparative Balance Sheet As of December 31, 2012 2012

Using the following information prepare a statement of cash flows using
the indirect method
Curry Company
Comparative Balance Sheet
As of December 31, 2012
2012 2011
Cash $ 28,250 $ 20,000
Accounts Receivable $ 75,000 $ 58,000
Inventory $202,000 $ 250,000
Plant assets $600,000 $ 502,000
Accumulated Depreciation - Plant assets
$150,000 $ 125,000
Total assets $755,250 $ 705,000
Accounts payable $123,000 $ 115,000
Salaries and wages payable $ 47,250 $ 72,000
Bonds payable $ 70,000 $ 118,000
Common stock, $10 par $370,000 $ 280,000
Retained earnings $145,000 $ 120,000
Total liabilities and stockholder's equity $755,250 $ 705,000

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