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INDIRECT METHOD OF CASH FLOW, INCLUDE ALL THE CALCULATIONS :- 1uuuL-J Cash Accounts receivable Inventories Investments Plant assets Accumulated depreciation Total Liabilities and Stookholders' E

INDIRECT METHOD OF CASH FLOW, INCLUDE ALL THE CALCULATIONS

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:- 1uuuL-J Cash Accounts receivable Inventories Investments Plant assets Accumulated depreciation Total Liabilities and Stookholders' E ul Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total ABC Company Income Statement For the Year Ended December 31 Sales Less: Cost of goods sold Operating expenses (excluding depreciation) Depreciation expense Income taxes Interest expense Loss on sale of plant assets Total Expenses Net income Additional information: New plant assets costing $149,000 were purchased for cash in 2020. Old plant assets costing $36,000 were sold for $10,000. $ 93,600 $ 33,400 63,200 37,000 124, 500 102,650 79,500 107,000 316,000 205,000 (44,000) (40,000) \"0.00 was: 35 56,600 $ 48,260 15,100 16,630 140,000 70,000 250,000 200,000 173,100 107,940 MM 2020 $ 297,500 99,460 19,670 25,000 37,270 2,940 5 000 1 169 340 1_ HQ Instructions: Prepare a statement of cash ows for the year using the indirect method. pnlnlllnln I'hn PHI-h nnh'l' Fnllnrnnn

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