The comparative balance sheet of Wen Technology, Inc., at December 31, 2013 and 2012, is as follows:

The noncurrent asset, noncurrent liability, and stockholders?? equity accounts for 2013 are as follows:

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.

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Dec. 31, 2013 Dec. 31, 2012 Assets Cash $ 450,900 $ 506,700 Accounts receivable (net) 1,056,600 914,400 Inventories 1,377,900 1,298,700 Prepaid expenses 27,900 39,600 Land 1,485,000 2,079,000 Buildings Accumulated depreciation-buildings. Equipment Accumulated depreciation-equipment . 2,970,000 1,485,000 (595,800) (549,000) 990,900 794,700 (199,800) $7,563,600 (243,000) $6,326,100 Liabilities and Stockholders' Equity $ 891,000 $ 946,800 Accounts payable (merchandise creditors) Income tax payable Bonds payable .... Common stock, $10 par.. Paid-in capital in excess of par-common stock Retained earnings... 39,600 32,400 495,000 378,000 270,000 1,701,000 1,215,000 4,059,000 $7,563,600 3,861,900 $6,326,100