need to solve this

Course Hero x 2 BUS309_1_Sum20_WA IAS 2 X 5 ACFrogDbuQKFY5EJOIArh1nola| X # BUS309_1_Sum20_WA IAS 2 X + X C A doc-0c-7s-apps-viewer.googleusercontent.com/viewer/secure/pdf/7prvbeor1rafhr4g414d6sebhku7kqoj/ja026npsdsb35a2612org685k3vh2s5/1597569375000/drive/14563585010582227395/ACFrogDbuQKFY5EJOIArh1noLaHJSf17fZ56jbXaSCY2RErUhGjr... Q ACFrogDbuQKFY5EJOIArh1noLaHJSf17fZ56jbXaSCY2RErUhGjr7BthMmqihrijpwcFSwreJbvCZhMUyVwZU65cg5LHQ16buttDxFgAYFKRmin5cdzs... 1/ 2 EDISON CORPORATION Income Statement For the Year Ended December 31, 2017 sales 3,450 Cost of goods sold 2,350 Gross profit 1,100 Selling and administrative expenses 465 635 Other revenues and gains Gain on sale of investments 40 Income before tax 675 Income tax expense 270 Net income 405 During the year 2017, a dividend of $130 was declared and paid by management of Edison Corporation. Some plant assets were purchased during 2017 and the payment was settled by issuing common stock amounting to $35 EDISON CORPORATION Comparative Balance Sheet As on December 31, 2017 and 2016 2017 2016 Assets: Cash and cash equivalents 900 $ 575 Accounts receivable 875 650 Inventory 800 950 Plant assets 950 850 Accumulated depreciation (600) 585) Long-term investments 650 710 Total 3,575 3.150 Liabilities and capital: Accounts payable 600 450 Accrued liabilities 100 125 Bonds payable 700 775 Capital stock 950 850 Retained earnings 1.225 950 Total 3.575 3,150 Required: Using the data given above, prepare statement of cash flows of Edison for 2017 using + ndirect method. 15 Type here to search O 9 3:22 PM ~ () 8/16/2020