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The Hossain Corporation reported the following balance sheet data for $20$X$4$ and $20$X$3$: The Hossaln Corporation reported the following balance sheet data for $20$X$4$ and $20$X$3$:

$\backslash$table$[[,20\backslash$times $4,20\backslash$times $3],[$Cash$,$$$82,925,$$$25,955],[$Available$-$for$-$sale debt securities $($not cash equivalents$),18,000,90,000],[$Accounts receivable,$85,000,72,750],[$Inventory$,170,000,149,500],[$Prepaid insurance,$1,950,2,500],[$Land$,$ buildings, and equipment,$1,260,000,1,130,000],[$Accumulated depreciation,$(615,000),(577,000)],[$Total assets,$$1,002,875,$$$893,705],[$Accounts payable,$$80,840,$$$153,670],[$Salaries payable,$22,000,27,000],[$Notes payable $($current$),29,500,80,000],[$Bonds payable,$205,000,0],[$Common stock,$300,000,300,000],[$Retained earnings,$365,535,333,035],[$Total liabilities and shareholders' equity,$$1,002,875,$$$893,705]]$

Additional Information for $20$X$4$:

$(1)$ Within the year $($before year end$),$ sold avallable$-$for$-$sale debt securitles costing $$72,000$ for $$77,000.$

$(2)$ Equipment costing $$20,000$ with a book value of $$5,500$ was sold for $$6,750.$

$(3)$ Issued $6\%$ bonds payable at face value, meaning that the corporation recelved exactly $$205,000.$

$(4)$ Purchased new equipment for $$150,000$ cash.

$(5)$ Paid cash dividends of $$22,500.$

$(6)$ Net Income was $$55,000.$

Requlred:

Prepare a statement of cash flows for $20$X$4$ in good form using the indirect method for cash flows from operating activitles. Note: Amounts to be deducted should be Indicated with a minus sign. Required:

Prepare a statement of cash flows for $204$ in good form using the indirect method for cash flows from operating activitles.

Note: Amounts to be deducted should be Indicated with a minus sign.

"Red text incicates no response was expected in a cell or a tormula$-$based calculation is incorrect; no points cecucted.

$20$X$420$X$3$

Cash $ $82,925$ $ $25,955$

Available$-$for$-$sale debt securities $($not cash equivalents$)18,00090,000$

Accounts receivable $85,00072,750$

Inventory $170,000149,500$

Prepaid insurance $1,9502,500$

Land, buildings, and equipment $1,260,0001,130,000$

Accumulated depreciation $(615,000)(577,000)$

Total assets $ $1,002,875$ $ $893,705$

Accounts payable $ $80,840$ $ $153,670$

Salaries payable $22,00027,000$

Notes payable $($current$)29,50080,000$

Bonds payable $205,0000$

Common stock $300,000300,000$

Retained earnings $365,535333,035$

Total liabilities and shareholders' equity $ $1,002,875$ $ $893,705$

Additional information for $20$X$4$:

$(1)$ Within the year $($before year end$),$ sold available$-$for$-$sale debt securities costing $$72,000$ for $$77,000.$

$(2)$ Equipment costing $$20,000$ with a book value of $$5,500$ was sold for $$6,750.$

$(3)$ Issued $6\%$ bonds payable at face value, meaning that the corporation received exactly $$205,000.$

$(4)$ Purchased new equipment for $$150,000$ cash.

$(5)$ Paid cash dividends of $$22,500.$

$(6)$ Net income was $$55,000.$

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