P17-5B Flanagan Corporation accountants have assembled the following data for the year ended December 31, 20X3: December 31, 20X2 Current Accounts (All Result from Operations) 20X3 Current Assets: Cash and cash equivalents. Accounts receivable Inventories. Prepaid expenses. $67,700 $22.700 69,700 64.200 88.600 83,000 5,300 4.100 Current Liabilities: Notes payable (for inventory purchases). $22,600 $18,300 Accounts payable. 52,900 55,800 Income tax payable. 18,600 16,700 Accrued liabilities. 15.500 27.200 Transaction data for 20X3:Acquisition of land by issuing long-term note payable... $107.000 Purchase of treasury stock. Loss on sale of equipment. $14.300 11,700 Stock dividends. 31,800 Payment of cash dividends.. 18,300 Collection of loan 8,700 Issuance of long-term Depreciation expense 26.800 note payable to borrow cash 34,400 Acquisition of building 125.300 Net income..... 69.100 Retirement of bonds payable by Issuance of common stock for cash. 41.200 issuing common stock. Acquisition of long-term 65.000 Sale of equipment. 58.000 Amortization expense 5.300 investment. 31,600 Required Preparing the statement of cash flows-indirect method (Obj: 2,5) Prepare Flanagan Corporation's statement of cash flows, using the indirect method for operating activities. Include a schedule of noncash investing and financing activities.