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Condensed financial data of Sunland Inc. follow. Additional information: 1. New plant assets coyting $81,000 were purchased for cash during the year: 2. Old plant

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Condensed financial data of Sunland Inc. follow. Additional information: 1. New plant assets coyting $81,000 were purchased for cash during the year: 2. Old plant assets havingan original cost of $47,900 and accumblated depreciation of $37,900 were sold for $2,500 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $29,900 was declared and paid during the year. 5. Common stock was issued at par for casth. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash fow with either a * sgh e.s. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash fow with either a - sign e.g. 15,000 or in parenthesis e.s. (15.000). Cash at Becirning of Pericd Cash at End of Period Cash Flows from Financing Activited Cash Flows from lonvesting Activitios Csh Flows from Cperating hetionties Net Cash Provided by Financing Act hities. Net Cash Providod by Irwesting Activities Net Cash Provided by Operating Activities Not Cash Used by Financing Activities Net Cash Used by inesting Activities Net Cash Used by Operating Activities Net Decrease in Cash Wet lncrease in Cash Adjustments to reconcile net income to Decrease in inventory Loss on Disposal of Plant Assets Increase in Accounts Receivable Purchase of Investments Decrease in Accrued Expenses Payable For interest Decrease in Accounts Receivable Net income For income Taxes Depreciation Expense Increase in Prepaid Expenses Purchase of Plant Assets Increase in Accounts Payable Increase in Accrued Expenses Payable Payment of Cash Dividends Decrease in Prepaid Expenses Decrease in Accounts Payable Increase in Inventory Redemption of Bonds Sale of Plant Assets Issuance of Common Stock Redemption of Common Stock To Suppliers issuance of Bonds Sale of Imvestments For Operating Expenses

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