Analyze the following transactions for Le Petit Chteau Corporation: Cash received from customers: 300,000 Cash paid for inventory purchases: 150,000 Cash paid for operating expenses:

Analyze the following transactions for Le Petit Château Corporation:

• Cash received from customers: €300,000
• Cash paid for inventory purchases: €150,000
• Cash paid for operating expenses: €80,000
• Cash received from sale of equipment: €20,000
• Cash paid for income taxes: €30,000
• Cash dividends paid to shareholders: €10,000

Prepare a statement of cash flows using the indirect method.