ABC Inc.'s balance sheet and income statement are as follows ABC Inc ABC Inc Comparative Balance Sheet Information Income Statement December 31 For the Year Ended December 31, 2015 Assets 2015 2014 Sales $1,357.000 Cash $117.000 $78,000 Cost of goods sold 797.000 Accounts receivable 57.000 51.000 Gross profit 560.000 Merchandise inventory 405,000 354,000 Operating expenses Equipment 221.000 200.000 Depreciation expense 36.000 Accumulated depreciation (101.000) (65.000) Other expenses 341,000 Total assets $699,000 $618,000 Total operating expenses 377.000 Liabilities and Equity Income from operations 183,000 Accounts payable $40,000 $63,000 Income taxes 25.000 Income taxes payable 19.000 16,000 Net income 5158,000 Share capital 552,500 500.000 Retained earnings 87,500 39,000 Total liabilities and equity $699,000 $68,000 Additional information regarding ABC Inc.'s activities during 2015. a. Equipment is purchased for $21.000 cash b. 15.000 common shares are issued for cash at $3.50 per share Prepare a statement of cash flows for 2015. Use the indirect method to report cash inflows and outflows for the operating activities section Select one) Statement of Cash Flows (select one) XX