Prepare the statement of cash flows under the indirect method for the Snail Company using the information from P6- 10 and the following cash flow information:
In p6-10

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Snal Company Income Statement For the year onded December 3 $56,000 33,600 522,400 S11,800 6,000 $ 17600 S 4,800 $ 12,100) s 2,700 1,334 $ 1,366 Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Depreciation Expense Total Operating Expenses Income Before Interest and Taxes Interost Expense Income Before Tax income Tax Expense Net Income Description Cash receipt from sale of property, plant, and equipment Cash payment to acquire investment securities Cash receipt from issuance of common stock Cash recoipt from issuance of loan Cash Inflow Outflow) $ 4,000 (24,000 4,334 5,000