Scully Corporation\'s comparative balance sheets are presented below. December 31 2011 2010 (15,148) (10,204) $109,551 $118,087 23,824 18,106 $109,551 $118,087 Additional information: Solution Cash Flow statement using the Indirect Method:- Particulars Amount($) Cash Flow From OPERATING Activities:- Net Income 20199 Add:-Depreciation(15148-10204) 4944 Add:-Loss on Sale of Land [(25742-20033) .