Additional Information on Current$-$Year Transactions

a$.$ No dividends are dec$$lared or paid.

b$.$ Issued additional stock for $$8,600$ cash.

c$.$ Purchased equipment for cash; no equipment was sold.

Use the above information to prepare a statement of cash flows for the current year using the indirect method.

Note: Amounts to be deducted should be indicated by a minus sign. Solve the accounting problem below