Boca Inc. Balance Sheets December31 Assets 20A 21917 Cash 110,800 48,400 Accounu Receivable 38,000 87,800 Inventory 112,500 102,850 Prepaid Expenses 26,000 28,400 Long-term Investments 109,000 138,000 Plant Assets 397,000 242,500 Accumulated depreciation -50,000 -52 000 Total 743,300 595 950 Liabilities and Stockholders' Equity Accounu Payable 72,000 67,300 Accrued Expenses Payable 13,500 21,000 Dividends Payable 3,000 - Bonds Payable 170,000 146,000 Common Stock 262,000 175,000 Retained Earnings 222,800 186 650 Total 743,300 595 950 Additional Information: 1. Old plant assets having an original cost of $57,500 and accumulated depreciation of $48,500 were sold for $15,000 cash. . A new plant asset was purchased directly in exchange for common stock valued at $44,000. 2 3. New bonds were issued at par for $60,000. 4. 2018 Net income was $154,480. 5 . A $1,000 prior period adjustment was recorded in 2017 correcting an overstatement of depreciation in 2015. The 2017 balance sheet is appropriately restated. 6. The decrease in Long-term Investments was due to a sale of investments at original cost. Required: 1. Prepare a 2018 statement of cash flows using the indirect method. Use the textbook format {pages 1,339, 1,342, 1,345). Do not submit supporting computations