Additional Information on Current Year Transactions

a$.$ The loss on the cash sale of equlpment was $$13,125($detals in b$).$

b$.$ Sold equlpment coating $$70,875,$ with sccumulated depreciation of $$39,125,$ for $$19,625$cash.

c$.$ Purchased equlpment costing $$104,375$ by paying $$45,000$ cash and signing o longterm notes poyable for the

balance.

d$.$ Paid $$49,325$ cach to reduce the longterm notes poysble.

e$.$ lasued $3,300$ shores of common stock for $$20$ cash per share.

$f$ Declared and poid cash dividenda of $$51,700.$

Required:

Prepore a complete statement of cash flows using the indirect method for the current year.

lote: Amounts to be deducted should be indicated with o minus silgn.

Answer is not complete.