In preparing the balance sheets, remember that shareholders' equity is the residual. With this in mind, Mara's balance sheets are as follow: You are required to prepare cash flow statements: MARA CORPORATION 2008 and 2009 Balance Sheets 2008 2009 2008 2009 Current assets $2,205 $ 2,429 Current liabilities $1,003 $ 1,255 Net fixed assets 7.344 7,650 Long-term debt 3,106 2.085 Equity 5,440 6,739 Total liabilities and Total assets $9,549 $10,079 shareholders' equity $9.549 $10,079 MARA CORPORATION 2009 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (35%) Net income Dividends $250 Addition to retained earnings 222 $4,507 2.633 952 $ 922 196 $ 726 254 $ 472