(Click the icon to view the data.) Read the requirements. Data table a. On January 1, 2016, NRRC issued no par common stock for $425,000. b. Early in January, NRRC made the following cash payments: 1. For store fixtures, $47,000 Requirement 4. Prepare NRRC's statement of cash flows using the indirect method for the 2. For merchandise inventory, $310,000 box is not used in the statement, leave the box empty; do not select a label or enter a zero. 3. For rent expense on a store building, $18,000 Complete the statement one section at a time, beginning with the cash flows from operating c. Later in the year, NRRC purchased merchandise inventory on account for $235,000. Before year-end, NRRC paid $145,000 of this account payable. d. During 2016, NRRC sold 2, 700 units of merchandise inventory for $375 each. Before year-end, the company collected 95% of this amount. Cost of goods sold for the year was $330,000, and ending merchandise inventory totaled $215,000. e. The store employs three people. The combined annual payroll is $82,000, of which NRRC still owes $5,000 at year-end. f. At the end of the year, NRRC paid income tax of $19,000. There are no income taxes payable. g. Late in 2016, NRRC paid cash dividends of $40,000. h. For store fixtures, NRRC uses the straight-line depreciation method, over five years, with zero residual value