Appendix 2 PR 13-4B Statement of cash flows-direct method Net cash flow from The compa operating activities, Dec.31,20Y3 otwvitem The comparative balance sheet of Martinez Inc. for December 31, 20Y4 and 20Y3 Dec. 31,20Y4 $509,220 $ 661,920 992,640 1,394,400 683,100 914.400 363,800 Assets EXCEL TMPLAIE Inventories 432,000 960,000 1,224,000 Land 984,000 481.500) $4.751460008.800 $1,080,000 mlated depreciaion-equipment.. GENERAL LEDGER $4,008.900 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) . Accrued expenses payable (operating expenses) . . . . . . . . 5 966,500 79,200 1,200 67,800 100,800 130,000 950,000 2,422,860 . Common stock, $5 par . Paid-in capital: Excess of issue price over par-common stock.... 50,000 2391,900 $4,008,900 $4,751,460