Need assistance with calculations for a statement of cash flows using the indirect method.

*Do Ii! Review 17~02 0 Alex Company reported the following information for 2020. Alex Company Comparative Balance Sheets December 31 Change Assets 2020 2015 .lncraasefDaa-ease Cash mpoa W W Accounts receivable 57,000 21,000 36,000 Increase Inventory 48,000 -0- 48,000 Increase Prepaid expenses 7,000 4,000 3,000 Increase Land 54,000 75,000 21,000 Decrease Buildings 199,000 199,000 -0 Accumulated depreciationbuildings (21,000) (14,000) 7,000 Increase Equipment 158,000 64,000 94,000 Increase Accumulated depreciationequipment (25.000) (10.930) 14.070 Increase Totals $540,000 $374,070 Liabilities and Stodiholders' Equity Accounts payable $41,000 $39,000 $2,000 Increase Accrued expenses payable -0- 10,000 10,000 Decrease Bonds payable 100,000 162,000 53,000 Decrease Common stock (as 1 par) 221,000 56,000 165,000 Increase Retained earnings 169,000 107,070 61,930 Increase Totals $540,000 $374,070 Alex Company Income Statement For the Year Ended December 31, 2020 Sales revenue $957,000 Cost of goods sold $474,000 Operating expenses 251,000 Interest expense 12,000 Loss on disposal of plant assets 2,000 739,000 Income before income taxes W Income tax expense 61,000 Net Income $151000 Additionaliinformation: 1. Operating expenses include depreciation expense of $37,070. 2. Land was sold at its book value For cash. 3. Cash dividends of $95,070 were declared and paid In 2020. 4. Equipment with a cost of $150,000 was purchased for cash. Equipment with a cost of $56,000 and a book value of $40,000 was sold for $38,000 cash, 5. Bonds of $53,000 were redeemed at their face value for cash. 6. Common stock ($1 par) of $165,000 was issued for cash. Use this Information to Prepare a statement of cash ows using the indirect method. (Show amounts that decrease cash ow with eithera - Sign e.g. 45,000 or in parenthesis mg. (15,000).) ALEX COMPANY Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2020 Adjustments to reconcile net income to F E