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Bahamas Best Cortpans Ihalance sheet During 20/9 purchased building and equipment for eaish $15,000. The reduction of notes payable balance in 2019 represents a catsh

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Bahamas Best Cortpans Ihalance sheet During 20/9 purchased building and equipment for eaish $15,000. The reduction of notes payable balance in 2019 represents a catsh payment. Issuance of stock duting 2019 amounted to $10,000 Bahamas Best Compuny Income Stafement For the Year Ended December 31, 2019 Sales Less experises: Cost of goods sold Selling and administrative expenses (includes depreciation of $15,000 ) Interest expense Total expenses Income before taxes Income tax expense Net income Note: Cash dividends of $68,000 were paid during 2019. Required: Prepare the statement of cash flows for 2019 using the indirect method

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