All answers must be entered as a formula. Click OK to begin. Excel SIM: Prepare a statement of cash flows using the indirect method. Use the income statement and balance sheet to prepare a statement of cash flows using the indirect method Analysis \& Visualization Problem Saved Additional Information for 202 : 1. Assume that all increases and decreases in long term assets, long term liabilities, and common stock are a result of cash transactions. 2. Land costing $46,500 was sold, resulting in a gain of $6,500. No other long-term assets were sold. 3. Additional long-term investments were purchased. 4. An additional long-term note payable was signed. No repayments on notes were made. 5. Additional common stock was issued. All answers must be entered as a formula. Click OK to begin. Excel SIM: Prepare a statement of cash flows using the indirect method. Use the income statement and balance sheet to prepare a statement of cash flows using the indirect method Analysis \& Visualization Problem Saved Additional Information for 202 : 1. Assume that all increases and decreases in long term assets, long term liabilities, and common stock are a result of cash transactions. 2. Land costing $46,500 was sold, resulting in a gain of $6,500. No other long-term assets were sold. 3. Additional long-term investments were purchased. 4. An additional long-term note payable was signed. No repayments on notes were made. 5. Additional common stock was issued