Exercise 2 The Big and Fast company provides the following information about its activities in the year 2018. . . . Bonds payable issued: $150,000 Land sold: $64,000 Machinery purchased: $125,000 Common stock issued: $110,000 . Dividends paid: $78,000 losse on disposal of equipment 8400 Deacrease in accounts receivable: $48,000 Deacrease in accounts payable: $46,600 Increase in inventory: $12,800 Decrease in income tax: $22,000 Increase in prepaid expenses: $25,000 The depreciation expense was $25,000 net income of $100.000 Cash beginning : $ 6000 . . . Compute statement of cash flows using indirect method