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Presented here are the financial statements of Crane Company. Liabilities and Stockholders' Equity 1. Depreciation expense was $29,750. Additional data: 1. Depreciation expense was $29,750. 2. Dividends declared and paid were $34,000. 3. During the year, equipment was sold for $14,450 cash. This equipment originally cost $30,600 and had accumulated depreciation of $16,150 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stockwas issued at par for cash. (a) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign es. - 15.000 or in parenthesis eg (15,000). CKANE COHIHANY Statement of Cash Flows - Indirect Method 5 Adjustments to reconcile net income to 5 CKANE COHIHANY Statement of Cash Flows - Indirect Method 5 Adjustments to reconcile net income to 5