Statement of Cash Flows$-$Indirect Method

The comparative balance sheet of Merrick Equipment Co$.$ for December $31,20$Y$9$ and $20$Y$8,$ is as follows:

Liabilities and Stockholders' Equity

Accounts payable $($merchandise creditors$)$

Accrued expenses payable $($operating expenses$)$

Dividends payable

Common stock, $$10$ par

Paid$-$in capital in excess of par$-$common stock

Retained earnings

Total liabilities and stockholders' equity

$\backslash$table$[[$$$170,990,$$$162,840$