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Exercise 12-13 (Algo) Indirect: Preparing statement of cash flows LO P2, P3 Additional Information on Current-Year Transactions a. No dividends are deciared or paid. b.

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Exercise 12-13 (Algo) Indirect: Preparing statement of cash flows LO P2, P3 Additional Information on Current-Year Transactions a. No dividends are deciared or paid. b. Issued additional stock for $11,500 cash. c. Purchased equipment for cash: no equipment was sold. 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash flows from operating activities

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