Impel Corporation's Year 2 and Year 1 balance sheets (not organized or classified) showed the following items: December 31 Year 2 Year 1 Debits Cash Accounts receivable Merchandise inventory Equipment Total $27,000 43,000 113,000 96.000 $279,000 $21,000 49,000 97,000 81.000 $248,000 Credits: Accumulated depreciation-equipment Common shares Retained earnings Total $25,000 135,000 119.000 $279,000 $16,000 135,000 97,000 $248,000 Additional information about the corporation's activities during Year 2 is as follows: a) Sales (all on credit) Cost of goods sold Depreciation expense Other operating expenses Net income $342,000 $185,000 9,000 108.000 302.000 $ 40,000 b) The only decrease in accounts receivable were customer receipts. c) All merchandise purchases were for cash. d) Equipment was purchased for $15,000 cash. e) The corporation declared and paid $18,000 of cash dividends during the year. Required: Prepare a statement of cash flows that follows the indirect method.