E12-6A. Statement of Cash Flows (Indirect Method) Use the following information regarding the New ew- castle Corporation to prepare a statement of cash flows using the indirect method: 3,000 7,000 9,000 16,000 . Amortization expense. 3 Cash balance, January 1. Cash balance, December 31. 9,000 . 6,000 . 2 Cash paid to retire bonds payable at par....... . . . . . Cash received from issuance of common stock Cash received from sale of equipment .. 69,000 45,000 11,000 . . . . Inventory increase . 11,000 94,000 8,000 Prepaid expenses increase