3.) A complex statement of cash flows (indirect method). The net changes in the balance sheet accounts of Eusew, Inc. for the year 2018 are shown below: Credit S 100,600 $64,000 10,000 Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Long-term investments Land Buildings Machinery Equipment Accumulated depreciation: 197,200 20,000 144,000 405,000 650,000 100,000 28,000 Buildings Machinery Equipment 24,000 20,000 12,000 183,200 72,000 128,000 36,000 900,000 Accrued liabilities Dividends payable Premium on bonds Bonds payable Preferred stock ($50 par) Common stock ($10 par) Additional paid-in capital common Retained earnings 70,000 156,000 223,200 Additional information 1. Net income for 2018 S160.000 2. Cash dividends of $128,000 were declared December 15, 2018, payable January 15, 2019 A 5% stock dividend was issued March 31, 2018, when the market value was $22.00 per share 3. The long-term investments were sold for $140,000 4. A building and land which cost $480,000 and had a book value of $350,000 were sold for $400,000. The cost of the land, included in the cost and book value above, was $20,000 5. The following entry was made to record an exchange of an old machine for a new one Machinery Accumulated Depreciation-Machinery 160,000 60,000 140,000 6. A fully depreciated copier machine which cost $28,000 was written off 7. Preferred stock of $70,000 par value was redeemed for $90,000. 8. The company sold 12,000 shares of its common stock (S10 par) on June 15, 2018 for $25 a share. There were 87,600 shares outstanding on December 31, 2018 9. Bonds were sold at 104 on December 31, 2018 10. Land that was condemned had a book value of $240,000. Proceeds received totaled $108,000 Instructions Prepare a statement of cash flows (indirect method). Ignore tax effects