The financial statements for Trim Cuts Barbershop follow.

Required
Prepare a statement of cash flows for 2013 using the indirect method of presenting cash flows from operatingactivities.

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Trim Cuts Barbershop Income Statement For Year Ended December 31, 2013 Income from Services $111274 Salary Expense Rent Expense Supplies Expense Insurance Expense Utities Expense Depreciabon Expense. Equipment Depreciation Expense, Furniture Interest Expense Miscellaneous Expense $62,150 11,400 2,081 437 1,396 1,824 789 352 105 Total Expenses 80.734 30,540 Net Income Trim Cuts Barbershop Statement of Owner's Equity For Year Ended December 31,2013 C.L. Herron, Capital, January 1, 2013 Investments during the Year Net Income 20,064 30,540 30.540 35,340 Less Withdrawals Decrease in Capital C.L Herron, Capital, December 31, 2013 (4.800) $15.284 Trim Cuts Barbershop Comparative Balance Sheet December 31, 2013 and Decomber 31, 2012 Increase or (Decrease) 2013 2012 Assets Cash Supplies Propaid Insurance 7,745 $12280 1.450 1.425 9.120 (5.471) 5,548 2.368) $4,535) 648 370 802 1.055 9,120 3,647) 5,548 1,579) $23,579 ent Less Accumulated Depreciation 1824) 57 $16,130 $(1.330) Less Aocumulated Depreciation Total Assets Notes Payable C.L. Herron, Capital $17449 Liabilitios 2.185 3,515 Owner's Equity 15,264 $17449 20,064 $23,579 (4,800) $6,130 Total Liabilities and Owner's Equity