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Need help! 33. The following data is supplied from the comparative balance sheets and income statement information from Walker, Inc. Walker uses the indirect method.

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33. The following data is supplied from the comparative balance sheets and income statement information from Walker, Inc. Walker uses the indirect method. COMPARATIVE BALANCE SHEETS 12/31/05 12/31/06 Cash Accounts Receivable Prepaid Insurance Inventory Plant, Property& Equip Accumulated Depreciation Totals S 5,000 4,000 5,000 8,000 8,000 $11,000 6,000 4,000 7,000 11,000 (2.000)3,000) $36,000 $28,000 Accounts Payable Oper. Expenses Pay L. T. Notes Payable Capital Stock Retained Earnings Totals 5,000 8,000 6,000 6,000 3.000 10,000 7,000 5,000 9,000 $28,000$36,000 INCOME STATEMENT Revenue Cost of Goods Sold Gross Margin Depreciation Expenses Other Operating Expenses Net Income 2006 $55,000 (20,000) 35,000 (1,000) (9.000) S 25,000 Required: Prepare the Statement of Cash Flow for the year ended 12/31/2006 using the indirect method

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