XS Supply Company is developing its annual financial statements at December 31 The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: Current Year Previous Year Balance Sheet at December 31 Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Equipment Total Assets Accounts Payable Salaries and Wages Payable Note Payable (long-term) Common Stock Retained Earnings Total Liabilities and Stockholders' Equity Income Statement Sales Revenue Cost of Goods Sold Other Expenses Net Income $ 33,580 34,400 40,400 116,500 (29,400) $195,480 $ 35,400 1,380 35,300 86,800 36,600 $195, 480 $ 28,550 27,700 37,700 97.000 124, 700) $166,250 $ 26,700 1.550 41,000 72,300 24,700 $166,250 $117,000 68,500 36.600 $ 11,900 Additional Data: