Use the following information regarding the Surpa Corporation to

(a) prepare a statement of cash flows using the indirect method and

(b) compute Surpa's operating-cash-flow-to-current-liabilities ratio.

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Accounts payable increase.. Accounts receivable increase. Accrued liabilities decrease Amortization expense. Cash balance, January 1 Cash balance, December 31 Cash paid as dividends Cash paid to purchase land Cash paid to retire bonds payable at par Cash received from issuance of common stock. Cash received from sale of equipment... Depreciation expense.. Gain on sale of equipment. Inventory decrease. Net income.... Prepaid expenses increase Average current liabilities. $ 13,000 4,000 6,000 7,000 21,000 17,000 31,000 90,000 60,000 40,000 17,000 29,000 7,000 13,000 78,000 3,000 140,000