P17-5A Accountants for Ross Retail Company have assembled the following data for the year ended December 31, 20X4: December 31, Current Accounts (All Result from Operations) 20X4 20X3 Current assets: Cash and cash equivalents $49,600 $34,800 Accounts receivable 70,100 73,700 Inventories 90,600 96,500 Prepaid expenses 3,200 2,100 Current liabilities: Notes payable (for inventory purchases) $36,300 $36,800 Accounts payable 72,100 67,500 Income tax payable 5,900 6,800 Accrued liabilities 28,300 23,200 Transaction data for 20X4: Preparing the statement of cash flows — indirect method (Obj. 2, 5) Stock dividends $ 12,600 Collection of loan 10,300 Depreciation expense 19,200 Acquisition of equipment 69,000 Payment of long-term debt by issuing common stock 89,400 Acquisition investment of long-term 44,800 Acquisition of building by issuing long-term note payable 1 18,000 Payment of cash dividends $48,300 Issuance to borrow of long-term cash debt 71,000 Net income 61,500 Issuance for cash of preferred stock 36,200 Sale of long-term investment 12,200 Amortization expense 1,100 Payment of long-term debt 47,800 Gain on sale of investment 3,500 Required Prepare Ross Reiail Coinpanv's statement of cash flows, using the indirect method for operating activities. Include a schedule of noncash investing and financing aaivities.