Ex 3 The Weller Accounting Department has put together the following Financial Statements but no one knows how to do the Statement of Cash Flows. So they have come to you. Please help them by preparing a Statement of Cash Flows for Weller Company, using the Indirect Method. WELLER COMPANY Income Statement for the year ending December 31,208 Additional data: 1. All Sales and purchases of Merchandise Inventory are on account. 2. During the year equipment was sold for $4,000 in Cash. This equipment cost $8,000 originally and had a book value of $7,000 at the time of the sale. 3. Cash Dividends declared and paid, $29,000. 4. Issued $110,000 of Long-Term Bonds in direct exchange for land. 5. Property, Plant, \& Equipt. was purchased for $145,000 Cash. 6. The Common Stock was issed for cash. Instructions: a) Prepare a Statement of Cash Flows using the indirect method. Don't forget "Schedule of Non-Cash Investing and Financing Activities". b) Calculate the Free Cash c) Comment on the Free Casn