Hello,

Im seeking some assistance with the following problem

Many thanks

Comparative balance sheets As at 30 June 2017 2016 Cash and cash equivalents $ 65000 $ 45000 Accounts receivable 50000 55000 Inventory 125 000 175000 Property. plant and equipment 930000 745000 Accumulated depreciation 1270000! 200000 Total assets 91m 5.8101!!! Accounts payable $110000 $105000 Unsecured syndicated bank loan (long-term) 180 000 200000 Total liabilities $290000 $305000 Ordinary shares $350000 $280000 Retained earnings 260000 235000 Total shareholders' equity 610000 515000 Total liabilities and shareholders' equity 5m 53231099 View PDF The following additional information is available: a Prots for 2017 were $50 000. b Cash dividends of $25 000 were paid during the year. c A portion of unsecured syndicated bank loan matured and was repaid during the year. d Ordinary shares were issued for cash. e Property and equipment were purchased for cash. No non-current assets were sold during the year. f The change in accumulated depreciation is a result of depreciation expense. Required Prepare a statement of cash ows for the year using the indirect method for the operating activities