BusinessCourse P13-18.Stat Return to Question 2 Not complete Marked out of 27.00 P Flag question eBook Print Statement of Cash Flows (Indirect Method) The Forrester Company's income statement and comparative balance sheets as of December 31 of 2019 and 2018 are shown below: FORRESTER COMPANY Income Statement For the Year Ended December 31, 2019 Sales Revenue $660,000 Cost of Goods Sold $376,000 Wages Expense 107,000 Depreciation Expenses 22,000 Rent Expense 28,000 Income Tax Expense 24,000 557,000 Net Income $103,000 Support bija urna Assets Cash FORRESTER COMPANY Balance Sheets Dec. 31, 2019 Dec. 31, 2018 $58,000 52.000 $30,000 60,000 120,000 10,000 Accounts Receivable Inventory 142,000 Prepaid Rent 16,000 Plant Assets 420,000 301,000 Accumulated Depreciation (127,000) (105,000) Tatal Assets $561,000 $416,000 Habilities and Stackholders Fouine bija B ed ch bija Bol hronclet