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Condensed financial data olkingin, inc. follow Sinct Contacts D51 2072 2071 Cash $72.720 $43.560 Accounts receive 79.000 M200 101.250 92,565 25 540 23.400 Inventory Prepaid

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Condensed financial data olkingin, inc. follow Sinct Contacts D51 2072 2071 Cash $72.720 $43.560 Accounts receive 79.000 M200 101.250 92,565 25 540 23.400 Inventory Prepaid expenses Long term investments Plant annet Accumulated depreciation 124.200 100 256.500 210,250 145.000 1 46.000) Total 5614250 $462275 $91.00 $ 60.570 Liabilities and Stockholders Epaty Accounts payable Accrued expenses payable Bordu payable Common stock 14.50 18.900 99,000 121.400 157.500 198.000 210.600 Retained earning 04905 Total 5614.250 5463.275 Kichindre Income Statement Data For the Year Ended December 31, 2022 Sales revenu $ 349.614 Less Cont of good old 5 121914 11.169 Operating peduling depreciation Depreciation 150 4257 6750 210.42 Lowonloft Metin 139.12 Ataloni Additional information: 1 2 New plant assets costing $ 90,000 were purchased for cash during the year. Old plant assets having an original cost of $ 51,750 and accumulated depreciation of 5 43650 were sold for $1,350 cash. Bonds payable matured and were paid off at tace value for cash A cash dividend of $ 23,427 was declared and paid during the year. 3 4 Further analysis reveals that accounts payable pertain to merchandise creditors Prepare a statement of cash flows for Kirebird. In using the direct method. Show mounts in the investment that decrease cash flow with either synes -15,000 or in pwenthesis es {15.0001) Kingbird, Inc statement of Cash Flows

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