On the basis of the following data for Breach Co. for the current and preceding years ended December 31, prepare a statement of cash flows using the indirect method. Assume that equipment costing $25.000 was purchased for cash and no long term assets were told during the period. Stock was issued for cash- 3, 200 shares at par. Net income for the current year was $76,000 Cash dividends declared and paid were $13.000