Osearch Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2011, is as follows: Assets Dec. 31, 2012 Dec. 31, 20Y1 Cash $185 $58 Accounts receivable (net) 105 73 Inventories 66 40 Land 151 165 Equipment 85 63 Accumulated depreciation-equipment (23) (12) Total Assets $569 $387 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $72 $58 Dividends payable 11 Common stock, $10 par 38 18 Paid-in capital: Excess of issue price over par-common stock 98 45 Retained eamings 350 266 Total liabilities and stockholders' equity $569 $387 The following additional information is taken from the records Check My Work 6 more Check My Work uses remaining i Previous A 43 PM