Bbalance sheet accounts for Galaxv Inr chan.th.. -1 lowing amounts at the end of 2022 and 2023. Assume current liabilities include only items from operations (such as accounts payable, taxes payable). Long-term liabilities include items from financing (such as bonds and other long-term hiabilities) Note that the company did not st any equipment and did not borrow any additional long-term liabilities throughout the year. Prepare the cash flow statement for 2023 using the indirect method, Assume no dividends were declared or paid in 2023. Do not enter toflar thas of tommas hithe inpot boxes \begin{tabular}{|l|l|l|l|} \hline Cash Flow from Investing Activities & & \\ \hline Purchase of Equipment & & \\ \hline Net Cash Provided (Used) by Investing Activities & & \\ \hline Cash Flow from Financing Activities & & \\ \hline Issuance of Common Shares & & \\ \hline Repayment of Long-Term Liabilities & 13000 & & \\ \hline Net Cash Provided (Used) by Financing Activities & & \\ \hline Net Increase (Decrease) in Cash & & \\ \hline Cash at the Beginning of the Year & & \\ \hline Cash at the End of the Year & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \begin{tabular}{r} Galaxy Inc \\ Cash Flow State \\ For the Year Ended Ju \end{tabular} & \begin{tabular}{l} nc. \\ Itement \\ July 31,2023 \end{tabular} & & & \\ \hline \multicolumn{5}{|c|}{ Cash Flow from Operations } \\ \hline Net Income & 25000 & x & & \\ \hline \multicolumn{5}{|l|}{ Adjustments to reconcile Net Income to Cash } \\ \hline Depreciation Expense & 10200 & & & \\ \hline \multicolumn{5}{|l|}{ Change in Operating Assets and Liabilities } \\ \hline Increase in Accounts Receivable & 1000 & x & & \\ \hline Increase in Prepaid Expenses & 1800 & 7x & & \\ \hline Increase in Merchandise inventory & 20600 & x & & \\ \hline Net Cash Provided (Used) by Operating Activities & & & 17600 & 7x \\ \hline \multicolumn{5}{|l|}{ Cash Flow from Investing Activities } \\ \hline Purchase of Equipment & 20000 & x & & \\ \hline Net Cash Provided (Used) by inesting Activitres & & & 20000 & x \\ \hline \multicolumn{5}{|l|}{ Cash Flow from Financing Activities } \\ \hline issuance of Common shares & & & & \\ \hline Repayment of tong-Term frabilities & 13000 & x & & \\ \hline Net Cash Provided (Used) by Financing Activities & & & 13000 & x \\ \hline Net Increase (Decrease) in Cash & & & 10600 & x \\ \hline \end{tabular}