om/courses/52503/quizzes/254782/take PROBLEM The following information is for the Balcones Company for December 31, 2021. Prepare a statement of cash flows using the indirect method. Use the Excel Template file to construct the statement of cash flows. Exam Excel Template File-3xx+ 1. Depreciation expense of $11,000 2. Issuance of bonds payable at face value $230,000 3. Decrease in prepaid items $2.300 4. Sale of land $45.000 5. Decrease in wages payable $6,000 6. Payment of long-term note payable $300,000 7. Purchase of building $270,000 8. Decrease in accounts receivable $6.700 9. Sale of equipment $14,000 10. Cash collected from customers $411,000 11. Dividends paid $47,000 12. Cost of goods sold $660,000 13. Interest revenue $5,000 14. Increase in accounts payable $4,100 15. Allowance for doubtful accounts $2.2001 16. Increase in inventory $9.200 17. Net income $309,000 18. Beginning canh $16.000 2 #3 9: " $ 3 4 55 MirBlock Ar T 22 00 ^ & 29 . 6 7 8 W E R T Y U S DF G H X C H command < " - - 6 3 0 0 P K L < > B N M H command