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Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. (The statement of cash flows is not required.) Note:

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Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. (The statement of cash flows is not required.) Note: Enter all amounts as positive values. Additional information: a. Net income for the year was $112,000. b. Dividends of $104,000 cash were declared and poid c. The only noncash expense was $82,000 of depreciation. d. Purchased plant assets for $102,000 cash. e. Notes payable of $32,000 were issued for $32,000 cash. f. $62,000 increase in accounts recelvable. g. $42,000 decrease in inventory. h. $22,000 decrease in accounts payable. Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. (The statement of cash flows is not required.) Note: Enter all amounts as positive values. Additional information: a. Net income for the year was $112,000. b. Dividends of $104,000 cash were declared and poid c. The only noncash expense was $82,000 of depreciation. d. Purchased plant assets for $102,000 cash. e. Notes payable of $32,000 were issued for $32,000 cash. f. $62,000 increase in accounts recelvable. g. $42,000 decrease in inventory. h. $22,000 decrease in accounts payable

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