The following items were gathered from Rindt Industries’ general ledger:

Required
Using the indirect method, construct Rindt Industries’ statement of cash flows.

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Sale of marketable securities $14,000 Depreciation and amortization expense 24,262 Payment of cash dividends 3,543 Proceeds from disposal of equipment 819 Loss on disposal of equipment 150 Net income 26,043 Beginning Cash balance. 19,600 Purchase of equipment 21,632 Decrease in Accounts Receivable 1,048 Proceeds from issuing common stock 2,241 Increase in Inventory 3,465 Increase in Accounts Payable 4,650 Ending Cash balance 64,173