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