Use the following information to prepare a statement of cash flows for the year ended March 31, 2023, using the indirect method.

*The change in Equipment was caused by a $20 purchase. **$30 of dividends were paid during 2023.

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Parker Consulting Income Statement For Year Ended March 31, 2023 Sales $340 Operating expenses: Depreciation expense Other expenses Total operating expenses Profit (loss) Parker Consulting Comparative Balance Sheet Information Cash Accounts receivable (net) Office supplies Prepaid rent Equipment* Accum. deprec., equipment Accounts payable Unearned revenue Common shares Retained earnings** March 31 2023 2022 $ 40 $ 5 85 40 15 22 30 0 180 160 70 45 25 30 20 12 190 80 45 60 $25 300 325 $15