28,30014, L. Drvdends dedared and paid were $33.00 @peewould ine to Shew work for this @welen onn Problem 17-07A (Video The following are the financial statements of Nosker Company Balance Sheets Assets 2019 35,500 $20,800 Accounts receivable 12,500 20.00 26,1s19,800 20,85o 26,150 Equipment Accumulated depreciation-equipment 77,650 (29,650) (23,150) Total $324,100 $115,950 Liabilities and Stockholders Equity Accounts payable Income taxes payable Bonds payable Common stock $28,200 $ 16,750 8.150 7.350 27,400 18,650 33,900 14,950 Retained earnings 42,500 42,200 $124,100$115,950 Total NOSKER COMPANY Income Statement For the Year Ended December 31, 2020 Sales revenue $241,150 175,100 66,050 23,050 43,000 3,500 39,500 7,200 $32,300 Cost of goods sold Gross profit Operating expenses Income from operations Interest expense Income before income taxes Income tax expense Net income Additional data: 1. Dividends declared and paid were $32,000. 2. During the year, equipment was sold for $8,500 cash. This equipment cost $18,050 originally and had a book value of $8,500 at the time of sale. 3. All depreciation expense, $16,050, is in the operating expenses 4. All sales and purchases are on account Prepare a stotement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sig NOSKER COMPANY Statement of Cash Flows