Detailed answers and show work

Additional information for Year 2 : 1. Net income is $270,000. 2. The company purchases $150,000 in equipment. 3. Depreciation expense is $125,000 4. The company repays $150,000 in notes payable. 5. The company declares and pays a cash dividend of $120,C Prepare the statement of cash flows using the indirect method. Prepare a statement of cash flows-indirect method