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I was given the comparative balance sheets (pic 1) and had to create the cash flow statement from scratch (pic 2 - it only had

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I was given the comparative balance sheets (pic 1) and had to create the cash flow statement from scratch (pic 2 - it only had the investing, operating, and financing headlines). I have no clue if I'm anywhere close. Could you help guide me on this? Thank you.

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Skylar Enterp rises, Inc. Statement of Cash Flows - Indirect Method For the Year Ended December 31. 2012 Cash Flow from Operating Activities: Net Income 103.000 Cash (difference or adjustment) 51.000 Changes in Accounts Payable -8,000 Inventory (decrease) -19,000 Accounts Receivable (increase) 9.000 Total Cash flow fom Operating Activities 136.000 Cash Flow from Investing Activities: Sale of Land (income) 25.000 Purchase of Equipment -60,000 Total Cash Flow from Investing Activities -35,000 Cash Flow from Financing Activities: Common Stock Issued 42.000 Bonds Issued 5.000 Bonds Payment -55,000 Cash Dividends Payment -45,000 Total Cash Flow from Financing Activities -53,000 Instructions: Download and save a copy of this Excel file. Using the information from this worksheet, prepare the cash flow statement on the next worksheet. Skylar Enterprises, Inc. Comparative Balance Sheets Assets Cash Accounts receivable Inventory Land Equipment Accum. Depreciation - Equipment Total Liabilities and Eguities Accounts payable Bonds payable Common stock Retained earnings Total Additional Information: 1. Net income for 2012 was $103,000. 2. Cash dividends of $45,000 were paid. 12131112 $73,000 $85,000 $170,000 $75,000 $260,000 -$66,000 $597,000 $39,000 $150,000 $216,000 $192,000 $597,000 3. Bonds payable amounting to $55,000 were redeemed. 4. Common stock was issued for $42,000 cash. 5. No equipment was sold during 2012. 6. Land was sold at cost during 2012. 1l'1f12 $22,000 $76,000 $189,000 $100,000 $200,000 -$32,000 $555,000 $47,000 $200,000 $174,000 $134,000 $555,000 Difference $51,000 $9,000 $19,000 $25,000 $60,000 $34,000 $8,000 $50,000 $42,000 $53,000

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