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Hi I have a few questions! Nathan Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method)

Hi I have a few questions!

Nathan Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CEO Consultants. Listed below in random order are line items to be included in the statement of cash flows.

Purchase of equipment $ 225,000
Increase in inventory 30,000
Increase in prepaid rent 5,500
Payment of dividends 34,000
Depreciation expense 13,000
Increase in accounts receivable 51,000
Increase in accounts payable 23,000
Loss on sale of land 13,500
Net income 63,000
Repayment of notes payable 47,000
Cash received from the sale of land 6,500
Issuance of common stock 242,000

Prepare the statement of cash flows for CEO Consultants using the indirect method.

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