The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows: 1 Dec. 31, 20Y2 Dec. 31, 20Y1 2 Assets 3 Cash $918,000.00 $964,800.00 4 Accounts receivable (net) 828,900.00 761,940.00 5 Inventories 1,268,460.00 1,162,980.00 6 Prepaid expenses 29,340.00 35,100.00 7 Land 315,900.00 479,700.00 8 Buildings 1,462,500.00 900,900.00 9 Accumulated depreciation-buildings (408,600.00) (382,320.00) 10 Equipment 512,280.00 454,680.00 11 Accumulated depreciation-equipment (141,300.00) (158,760.00) 12 Total assets $4,785,480.00 $4,219,020.00 13 Liabilities and Stockholders Equity 14 Accounts payable (merchandise creditors) $922,500.00 $958,320.00 15 Bonds payable 270,000.00 0.00 16 Common stock, $25 par 317,000.00 117,000.00 17 Excess of paid-in capital over par 758,000.00 558,000.00 18 Retained earnings 2,517,980.00 2,585,700.00 19 Total liabilities and stockholders equity $4,785,480.00 $4,219,020.00 The noncurrent asset, noncurrent liability, and stockholders equity accounts for 20Y2 are as follows: ACCOUNT Land ACCOUNT Buildings ACCOUNT Accumulated DepreciationBuildings ACCOUNT Equipment ACCOUNT Accumulated Depreciation Equipment ACCOUNT Bonds Payable ACCOUNT Common Stock $25 par ACCOUNT Paid-In Capital in Excess of ParCommon Stock ACCOUNT Retained Earnings Required: X Statement of Cash Flows.

1. The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:
1
Dec. 31, 20Y2
Dec. 31, 20Y1
2
Assets
3
Cash
$918,000.00
$964,800.00
4
Accounts receivable (net)
828,900.00
761,940.00
5
Inventories
1,268,460.00
1,162,980.00
6
Prepaid expenses
29,340.00
35,100.00
7
Land
315,900.00
479,700.00
8
Buildings
1,462,500.00
900,900.00
9
Accumulated depreciation-buildings
(408,600.00)
(382,320.00)
10
Equipment
512,280.00
454,680.00
11
Accumulated depreciation-equipment
(141,300.00)
(158,760.00)

2. 12
Total assets
$4,785,480.00
$4,219,020.00
13
Liabilities and Stockholders Equity
14
Accounts payable (merchandise creditors)
$922,500.00
$958,320.00
15
Bonds payable
270,000.00
0.00
16
Common stock, $25 par
317,000.00
117,000.00
17
Excess of paid-in capital over par
758,000.00
558,000.00
18
Retained earnings
2,517,980.00
2,585,700.00
19
Total liabilities and stockholders equity
$4,785,480.00
$4,219,020.00
The noncurrent asset, noncurrent liability, and stockholders equity accounts for 20Y2 are as
follows:
ACCOUNT Land
ACCOUNT Buildings
ACCOUNT Accumulated DepreciationBuildings
ACCOUNT Equipment
ACCOUNT Accumulated Depreciation Equipment
ACCOUNT Bonds Payable
ACCOUNT Common Stock $25 par
ACCOUNT Paid-In Capital in Excess of ParCommon Stock
ACCOUNT Retained Earnings
Required:

3. X
Statement of Cash Flows