1. New plant assets costing $100,500 were purchased for cash during the year. 2. Old plant assets having an original cost of $58,400 and accumulated depreciation of $50,800 were sold for $1,200 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $38,700 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000). SWIFTY INC. Statement of Cash Flows $ Adjustments to reconcile net income to $ Condensed financial data of Swifty Inc. follow