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3) Prepare a Statement of Cash Flows using the indirect method The balance sheets for Kinder Company showed the following information. Additional information concerning transacions

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3) Prepare a Statement of Cash Flows using the indirect method The balance sheets for Kinder Company showed the following information. Additional information concerning transacions and events during 2018 are presented below Kinder Company Balance Sheet 20182017 Cash Accounts receivable (net) Inventory Long-tem investments Property, plant & equipment Accumulated depreciation $.35.9005 10200 38,300 35,000 20,300 42,000 15,000 150,000 236,500 (37 700)(25 000) $308.000$212.500 Accounts payable Accrued liabilities Long-tem notes payable Common stock Retained earnings $.17.000 21,000 70,000 130,000 26.500 17,000 50,000 90,000 70000 29 000 $308.000$212500 Additional data

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