1. Net income for the year Tk. 34,000 . 2. Equipment that had cost Tk. 40,000 and on which there was accumulated depreciation of Tk. 30,000 was sold during the Year 2 for Tk. 8,000 . 3. Company purchased new equipment costing Tk. 150,000 for cash. 4. Bonds payable were issued for cash Tk. 40,000 . 5. The company declared and paid cash dividend during Year 2 for. 6. Stock was issued for cash. 7. Land was purchased in exchange of machinery. 8. Investment was sold at face value. Required: Prepare a statement of cash flows for Year 2 using indirect method. 1. Net income for the year Tk. 34,000 . 2. Equipment that had cost Tk. 40,000 and on which there was accumulated depreciation of Tk. 30,000 was sold during the Year 2 for Tk. 8,000 . 3. Company purchased new equipment costing Tk. 150,000 for cash. 4. Bonds payable were issued for cash Tk. 40,000 . 5. The company declared and paid cash dividend during Year 2 for. 6. Stock was issued for cash. 7. Land was purchased in exchange of machinery. 8. Investment was sold at face value. Required: Prepare a statement of cash flows for Year 2 using indirect method