Diaz Company Had the Following Comparative Balance Sheet Information for 2014

Diaz Company had the following comparative balance sheet information for 2014 and 2013at the end of Year 2 and Year 1: $\begin{array}{l}\hline \quad \quad \quad \quad \quad \quad \quad \quad \quad \text {Diaz Company } \\\hline \quad \quad \quad \quad \quad \quad \text {Comparative Balance Sheets } \\\begin{array}{|l}\hline \\\hline \\\hline \text { Cash}\\\hline \text { Accounts receivable}\\\hline \text { Inventory}\\\hline \text { Prepaid insurance}\\\hline \text { Property, plant and equipment}\\\hline \text { Accumulated depreciation}\\\hline \text { Total}\\\hline \\\hline \text { Accounts payable}\\\hline \text { Bonds payable}\\\hline \text { Common stock}\\\hline \text { Retained earnings}\\\hline \text { Total}\\\hline \end{array}\begin{array}{|l|}\hline 2014\\\hline\\\hline \$ 30,000 \\\hline 48,000 \\\hline 158,000 \\\hline 10,000 \\\hline 70,000 \\\hline\underline {(14,000) }\\ \hline \underline {\$ 302,000 }\\ \hline \\\hline \$14,000 \\\hline 90,000 \\\hline 140,000 \\\hline \underline {58,000} \\ \hline \underline {\$ 302,000 }\\\hline\end{array}\begin{array}{l|}\hline 2013 \\\hline \\\hline 28,000 \\\hline 50,000 \\\hline 156,000 \\\hline 8,000 \\\hline 60,000 \\\hline\underline { (10,000)} \\\hline \underline { 292,000} \\\hline \\\hline 18,000 \\\hline 120,000 \\\hline 120,000 \\\hline \underline { 34,000} \\\hline \underline { 292,000} \\\hline\end{array}\end{array}$ Diaz reported net income for 2014 Year 2 of $40,000.No property,plant,& equipment was disposed of during the year.Diaz uses the indirect method to prepare the statement of cash flows.