Take Home Problem #1 - Acctg 202 PART A Like Corp balance sheet is below with the management narrative: Assets Comparative Balance Sheet - Like Cash Accounts Receivable Inventory PP&E Accum Depr Total Assets Liabilities & Equity 12/31/2015 12/31/2016 Net Loss for the period was $7. $ 87 $ 73 $ 35 $ 43 $ 54 $ 43 $ 453 $ 499 $ (329) $ (343) S 300 $ 315 The company sold equipment for $5 that was originally purchased for $20. The sold asset had accumulated depreciation of $20. The company paid a cash dividend during the year and did not pay-off any bonds payable or repurchase any of its own common stock. Accounts Payable Accrued Liabilities Income Tax Payable Bonds Payable Common Stock Retained Earnings $ Total Liabilities & Equity $ SSSsssssss 25 $ $ 17 $ 36 $ $ 107 $ $ 50 $ 65 $ 300 $ Required: 111 53 315 Construct, in good form, the company's Statement of Cash Flows for the period, using the indirect method. (15pts)