2Preparation of statement of cash flows (format provided)- 15 poi The balance sheets for Hatner Company showed the following information. Additional ation conceming transactions and events during 2008 are presented below Hafner Company Balance Sheet Cash Inventory Long-term investments Property, plant & equipment Accumulated depreciation s 30,900 43,300 35,000 0. 236,500 S 10,200 20,300 42,000 15,000 150,000 (37.700) 25.000) 308.000 $212,500 $ 17,00026,500 Accounts payable Accrued liabilities Long-term notes payable Common stock Retained earnings 21,000 70,000 130,000 17,000 50,000 90,000 308.000 $212.500 Additional transaction data: 1. Net income for year 2008, $76,000. 2. Depreciation on plant assets for the year, $12,700. 3. Sold the long-term investments for $28,000 (assume gain or loss is ordin 4, Purchased machinery costing $26,500, paid cash. 5. Purchased machinery by issuing a $60,000 long-term note payable. 8 Paid a $40,000 long-term note payable by issuing common stock. ary). Instructions Using the format provided on the next page, prepare a statement of cash flows using indirect method for 2008. Do.- AC_ wl ch2 i@ Inte ?0. ?" CH2.. I, cn2. X, cha