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Here are the comparative balance sheets for Jure Company Juan Capany Campuntive Babune Shres December 31 Assets Cach Accounts Receivable Inventories Prepaid expenses Land Equipment

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Here are the comparative balance sheets for Jure Company Juan Capany Campuntive Babune Shres December 31 Assets Cach Accounts Receivable Inventories Prepaid expenses Land Equipment Accumulated depreciation equipment 2018 $191,000 12,000 170,000 6,000 140,000 160,000 (16,000) 2017 $159,000 15,000 160,000 2,000 80,000 A --- Totals 5663,000 5422,000 Liabilities and Stockholder's Equity Accounts payable $ 52,000 $ 60,000 Accrued expenses payable 15,000 20,000 Income taxes payable 12,000 -0- Bonds payable 130,000 -0- Common stock 360,000 300,000 Retained earnings 94,000 42,000 Totals $ 663,000 $ 422,000 Juarez Company Income Statement For the Year Ended December 31, 2018 Revenues $ 975,000 Cost of goods sold $ 660,000 Operating expenses (excluding depreciation) 176,000 Depreciation expense 18,000 Loss on sale of equipment 1,000 855,000 Income before income taxes 120,000 Income tax expense Net income 36.000 $84,000 Additional Information: 1. In 2018, the company declared and paid a $32,000 cash dividend. 2. Bonds were issued at face value for $130,000 cash 3. Equipment costing $180,000 was purchased for cash. 4. Equipment costing $20,000 was sold for $17,000 cash when the book value of the equipment wa 5. Common stock of $60,000 was issued to acquire land. Required Prenate the statement of cash flows for 2018 in the indirect method

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