6. Apex Corp. has the following information: A Corp Income Statement For the Year Ended December 31, 2020 Service Revenue $200,000 - Salary Expense (50,000) - Depreciation Expense (30,000) Advertising Expense (15,000) Rent Expense (18,000) Net Income $ 87,000 From Apex's Balance Sheet: Dec. 31, 2020 Dec. 31, 2019 Cash $28,000 $12,000 Accounts Receivable 34,000 47,000 Inventory 50,000 79,000 Prepaid Rent 12,000 11,000 Accounts Payable $27,000 $18,000 Unearned Revenue 22,000 33,000 During the year, Apex: Prepare Apex's indirect method Statement of Cash Flows for the year. o sold a fleet of old vehicles for $40,000 cash o purchased land with $200,000 cash down and a $350,000 loan payable o took out new loans for cash of $80,000 o made cash maturity payments on bonds payable with a face value of $65,000 o issued new common stock for cash of $13,000 o paid $8,000 of cash dividends

6. Apex Corp. has the following information: Apex Corp Income Statement For the Year Ended December 31, 2020 Service Revenue $ 200,000 - Salary Expense (50,000) - Depreciation Expense (30,000) - Advertising Expense (15,000) - Rent Expense (18.000) Net Income $ 87,000 From Apex's Balance Sheet: Dec 31, 2020 Dec 31, 2019 Cash Accounts Receivable Inventory Prepaid Rent $28,000 34,000 50,000 12,000 $12,000 47,000 79,000 11,000 Accounts Payable Unearned Revenue $27,000 22.000 $18,000 33,000 During the year, Apex: Prepare Apex's indirect method Statement of Cash Flows for the year. sold a fleet of old vehicles for $40,000 cash o purchased land with $200,000 cash down and a $350,000 loan payable o took out new loans for cash of $80,000 made cash maturity payments on bonds payable with a face value of $65,000 issued new common stock for cash of $13,000 o paid $8,000 of cash dividends