HW Score: 50%. 8 of 16 Question Help Score: 0 of 1 pt 14 of 16 ( complete E13-17A (book/static) Innovations Corporation is preparing its statement of cash flows for the past year. The company has gathered the following information about the past year just ended on December 31 (Click the icon to view the data) Requirement Prepare a statement of cash flows for the past year using the Indirect method. Prepare the statement one section at a time. (Use parents or a minus sign for numbers to be subtracted or for a net cash outflow) Innovations Corporation Statement of Cash Flows (Indirect Method) Data Table For the Year Ended December 31 Operating Activities Retire bond payable long-ter) Pald dividends in cash Adjustments to recono le net income to cash Decrease in Inventory Decrease in accounts payable Sold and investment Increase in interes payable Cash balance beginning of your Netcom $ $ 8,000 3.000 $ 16,000 $ 200 $ 17.000 Decrease in accounts receivable $ 30.000 Increase in sales payable $ 10.000 Depreciation expense $ 11,000 Increase in prepaid insurance $18.000 Decrease in other short termas 700 Increase in base payable $ 90,000 Purchase of new computer system with cash $ 91,000 $ 2,000 $ 4,000 $ 17,000 Choose from any list or enter any number in the input fields and then click Check Answer Print Done parts remaining Clear A Check