Following are balance sheet data for Quality Merchandise, Inc. December 31 2013 47,000 141,000 83,000 9,000 2012 $ 26,000 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets (net of accumulated depreciation) Accounts payable Accrued liabilities payable Capital stock Retained earnings 134,000 102,000 11,000 230,000 127,000 41,000 300,000 235,000 122,000 40,000 300,000 53,000 Assume that the depreciation recorded in 2013 was $15,000. Compute the cash spent to purchase plant assets, assuming no assets were sold or scrapped in 2013. Use the data in Exercise 16-7. Assume the net income for 2013 was $24,000, depreciation was $15,000, and dividends declared and paid were $6,000. The company paid interest of $2,000 and income taxes of $14,000. Prepare a statement of cash flows-indirect method. Also prepare any necessary supplemental schedule(s)