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Additional data: 1. Depreciation expense was $24,500. 2. Dividends declared and paid were $28,000. 3. During the year, equipment was sold for $11,900 cash. This

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Additional data: 1. Depreciation expense was $24,500. 2. Dividends declared and paid were $28,000. 3. During the year, equipment was sold for $11,900 cash. This equipment originally cost $25,200 and had accumulated depreciation of $13,300 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. - 15, UWU

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