If someone could please help me answer this question. Also for this question each ratio must include the formula, the numbers entered in the formula, and the answer per my professsors request. So if you could please help me with how to set up this work it would be much appreciated!

Additional information 1. New equipment costing $146,000 was purchased for cash during the 2. Investments were sold at cost. 3. Equipment costing $36,000 was sold for $15,000, resulting in a gain 4. A cash dividend of $48,000 was declared and paid during the year Instructions Prepare a statement of cash flows using the indirect method Prepare a statement of cash flows-indirect method P13-9B Condensed financial data of Saffordville Company are shown below year SAFFORDVILLE COMPANY Comparative Balance Sheets December 31 (LO 2) of $5,000 Assets Cash Accounts receivable Inventory Investments Equipment Accumulated depreciation-equipment 2017 $TO2,700 60,800 126,900 79,500 315,000 (44,500) $640,400 2016 $ 33,400 Cash from operations $95,800 37,000 102,650 107,000 205,000 (40,000) $445,050 Total Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings $ 57,700 15,100 145,000 250,000 172,600 $ 48,280 18,830 70,000 200,000 107,940 Total SAFFORDVILLE COMPANY Income Statement For the Year Ended December 31, 2017 Sales revenue Gain on disposal of plant assets $297,500 5,000 Less Cost of goods sold Operating expenses, excluding $99,460 depreciation Depreciation expense Income tax expense Interest expense 19,670 30,500 37,270 2,940 189,840 Net income