1^st month

Current assets:
Cash	$100.000,00
A/R	$35.000,00
Inventory	$65.000,00
Prepaid rent	$10.000,00	(4 month in advance)
Non-current assets:
Building	$40.000,00
Accumulated depr	-$500,00
Equipment	$50.000,00
Accumulated depr	-$700,00
Total assets:	$298.800,00
Current liabilities:
Trade payables	$60.000,00
Short-term loan	$120.000,00
Unearned revenue	$40.000,00	(4 month contract)
Non-current liabilities:	$0,00
Total liabilities:	$220.000,00
Equity:
Capital	$60.000,00
Profit	$18.800,00
Total equity:	$78.800,00
Total liabilities&equity	$298.800,00

2^nd month

The company received half of the receivables
The company returned 60% of the payables
Bought a car by the price 10,000$ on credit
Depreciation for the car is 200$ monthly
Sold 80% of inventory for 110,000$, customers paid 80% in cash
Accrued salary expenses: 15,000$
Accrued utility expenses:1,200$
Recognized the rent expense for the current month
Recognized the appropriate part of unearned revenue on the base of contract
Accrued Profit tax is 20%
The appropriate part of credit is paid out on monthly base
Interest expense accrued: 1,000$
Depreciation for the bulding and equipment incurred on monthly base

Prepare Cash flow statement using Indirect method