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statement of cash flows. The completed comparative balance sheets and income statement are summarized: Additional...

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Accounting

statement of cash flows. The completed comparative balance sheets and income statement are summarized:
Additional Data:
a. Bought equipment for cash, $24,000.
b. Paid $6,600 on the long-term notes payable.
c. Issued new shares of stock for $19,000 cash.
d. No dividends were declared or paid.
e. Other expenses included depreciation, $5,600; salaries and wages, $20,600; taxes, $6,600; utilities, $7,400.
f. Accounts Payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume these expenses were fully paid in cash.
Required:
PreDare the statement of cash flows for the current vear ended December 31 usina the indirect method
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