Statement of Cash Flows (Indirect Method) Financial statement data for Bankhead, Inc., are provided. (All numbers are shown rounded to the nearest thousand, with 000 's omitted.) If the item has alternative classification, do not classify it as operating cash flows. Bankhead, Inc. Comparative Balance Sheets December 31, 2022 and 2021 Liabilities and Equity Liabilities: Equity: CommonstockPaid-incapitalinexcessofpar$3001,100$3001,100 Retained earnings Total equity Total liabilities and equity *Borrowing money on a short-term basis and/or long-term notes basis from a bank or other lenders. d ase in cash 2. Net cash flows from operations is significantly than reported net income primarily because levels are which has generated large amounts of cash