3. Construs.t a statement of cash flnws i usind the indires.t methnd

8. Construct a statement of cash flows using the indirect method (check figure: net cash inflow from operating activities = 94,870) Dowling Company Balance Sheets Assets Cash Accounts Receivable Inventory Prepaid Expenses Investments Land Furniture, Fixtures & Equipment Accumulated Depreciation Total Assets Liabilities & Equity Accounts Payable Accrued Expenses Payable Income Taxes Payable Notes Payable Mortgage Payable Common Stock Additional Paid-in-Capital Retained Earnings Current Earnings Total Liabilities & Equity January 1, 2018 95,900 102,300 157,900 5,860 84,700 90,000 688,300 (196,300) 46,700 12,500 8,400 250,000 40,000 375,000 41 ,250 254,810 December 31 , 2018 140,350 95,300 165,200 6,240 35, 700 75,000 803,300 (219,800) 43,500 14,000 7,900 150,000 110,ooo 450,000 66,250 185,390 74,250