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On December 3 1 , 2 0 2 4 and 2 0 2 3 , Wonderwoman Inc. presents comparative data in the financial position report

On December 31,2024 and 2023, Wonderwoman Inc. presents comparative data in
the financial position report is as follows:
Additional data:
1. During 2024, Wonderwoman Inc. recorded a net loss (Net Loss) of $150,000.
2. The company records depreciation expense of $30,000 for 2024.
3. Changes in the value of PPE occur as a result of the sale of equipment that has value
accumulated depreciation of $30,000. The money received as a result of this sale was $25,000.
There will be no additional PPE in 2024.
4. There are no dividends (either Cash Dividend or Share Dividend) announced by the Company.
5. At the beginning of 2024, the company has paid off the loan debt (Notes Payable) worth
$50,000. The company will make another loan in mid-2024.
Task:
Prepare a cash flow statement for Wonderwoman Inc. for the year ending December 31
2024 using the indirect method (Indirect Method)!
\table[[(in US$),31 Dec 2024,31 Dec 2023],[Cash & Cash Equivalent,51.000,24.000],[A/R,95.000,80.000],[A/P,55.000,40.000],[Tax Payable,18.000,12.000],[Interest Payable,5.000,4.000],[Long Term Notes Payable,120.000,100.000],[PPE - Historical Cost,450.000,500.000],[Share Capital - Ord,350.000,300.000],[Share Premium - Ord,100.000,50.000]]
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