Additional information regarding $2024$:

Net income was $$67,000.$

Depreciation expense was $$23,000.$

Payments made to the bank pertaining to the bank loan were $$10,000.$ The company obtained some new bank loans during

the year.

Common shares were issued during the year and the company did not buy back any shares.

During the year, the company did not sell any furniture.

$($a$)$ Prepare a statement of cash flows using the indirect method for $2024.($Show amounts that decrease cash flow with either $a-$ sign eg

$-15,000$ or in parenthesis e$.$g$.(15,000).)$

Adjustments to reconcile net income to

Net Cash Provided by Operating Actlvitles

Net Cash Provided by Operating Actlvitles

Cash Flows from Investing Activitles

Purchase of Furnlture

$

Net Cash Used by Imvesting Actlvitles

Cash Flows from Financing Actlylties

$