A$.$ Prepare the $2023$ Statement of Cash Flows for ABC Inc. $($indirect method$).$ Format is not important, however do type each line separately,

one below the other, and include a "net cash flow" line and amount for each of the three sections of this financial statement. You don't

need to type in your math or rough work.

Additional information:

Net Income for the year $(2023)$ was $$44,000.$

Changes were due to cash transactions, unless noted otherwise.

At the end of $2022,$ there were two trucks. During $2023,$ an old truck was sold for a gain of $$1000.$ This old

truck had an original cost of $$25,000$ and accumulated depreciation of $$24,000.$

A new truck was purchased for $$85,000.$

Dividends were paid.