PR 13-2A Statement of cash flows-indirect method Obj. 2, 3, 4,5 n The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, ,is as follows: Dec. 31, 20Y8 Dec. 31, 20Y7 Assets 275,000 510,000 15,000 1,070,000 80,000 100,000 300,000 400,000 10,000 750,000 (200,000) (160,000) $1,400,000 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) . $100,000 90,000 600,000 400,000 100,000 610,000 $1,750,000 $1,400,000 200,000 300,000 750,000