My question is E11-4A

Corporation to (a) prepare a statement of cash flows using the indirect method and (b) comput LO2, 3 Statement of Cash Flows (Indirect Method) E11-3A. egarding the Lund MBC Lund's operating-cash-flow-to-current-liabilities ratio. E11-0 Accounts payable increase. Accounts receivable increase. Accrued liabilities decrease Amortization expense. Cash balance, January 1 Cash balance, December 31 Cash paid as dividends .... Cash paid to purchase land Cash paid to retire bonds payable at par. Cash received from issuance of common stock. Cash received from sale of equipment Depreciation expense. Gain on sale of equipment Inventory decrease. Net income.... Prepaid expenses increase Average current liabilities. $ 9.000 4.000 3.000 6.000 22,000 15.000 29.000 90,000 60.000 35,000 17.000 29,000 4,000 13,000 76,000 E1 2,000 100,000 LO2 E11-4A. Cash Flow from Operating Activities (Indirect Method) The Lincoln Company owns no plant assets and had the following income statement for the year: MBC $750,000 Sales revenue. Cost of goods sold Wages expense Rent expense Insurance expense. Net income $470,000 110,000 42,000 15,000 637,000 $113,000 Additional information about the company includes: End of Year Beginning of Year Accounts receivable Inventory..... Prepaid insurance Accounts payable $54,000 60,000 8,000 $49,000 66,000 7,000