$(1)$ Prepare a statement of cash flows using the indirect method for the year ended June $30,2021.$ Note: Amounts to be deducted should be indicated with a minus sign.

Exercise $12-12($Algo$)$ Indirect: Preparing statement of cash flows LO P$2,$ P$3,$ A$1$

$[$The following information applies to the questions displayed below.$]$

The following financial statements and additional information are reported.

$\backslash$table$[[\backslash$table$[[$IKIBAN INCORPORATED$],[$Comparative Balance Sheets$]],2020],[\backslash$table$[[$Assets$],[$Cash$]],,],[\backslash$table$[[$Cash$],[$Accounts receivaht$]],$$$92,500,$$$69,000$