1:02 4G moodle.ubt.edu.sa - Private In this assignment, the student should determine the main components of the cash flow statement and prepare a statement of cash flow using the indirect method. A comparative statement of financial position for Mann Company appears below: MANN COMPANY Comparative Statement of Financial Position Dec 31, 2017 Dec 31, 2016 Assets Equipment 60,000 32,000 Accumulated depreciation equipment (20,000) (14,000) Long-term investments 18.000 Prepaid expenses 6,000 9,000 Inventory 25.000 18.000 Accounts receivable 18,000 14,000 Cash 33.000 10.000 Total assets 122.000 87.000 0- Equity and Liabilities Share capital-ordinary 40,000 23,000 Retained earnings 28,000 10,000 Bonds payable 37,000 47,000 Accounts payable 17.000 7.000 Total equity and liabilities 122.000 87.000 Additional information: 1. Net income for the year ending December 31, 2017 was 33.000 2. Cash dividends of 15,000 were declared and paid during the year. 3. Long-term investments that had a cost of 18,000 were sold for 14,000 4. Sales for 2017 were 120,000 Instructions: Write a one page of the component of the statement of cash flow Prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method. Requirement: 1 One Page Mr