=+PR 16-2B Statement of cash flows—indirect method obj. 2

✔ Net cash flow from operating activities, $200,500 The comparative balance sheet of Cantor Industries, Inc. at December 31, 2010 and 2009, is as follows:

Dec. 31, 2010 Dec. 31, 2009 Assets Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 50,100 $ 56,300 Accounts receivable (net). . . . . . . . . . . . . . . . . . . . 117,400 101,600 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153,100 144,300 Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . 3,100 4,400 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165,000 231,000 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000 165,000 Accumulated depreciation—buildings . . . . . . . . . . . (66,200) (61,000)

Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110,100 88,300 Accumulated depreciation—equipment . . . . . . . . . . (22,200) (27,000) _________ __________

$840,400 $702,900 _________ _________ __________ __________