P17.9 (LO 2), AP Condensed financial data of Granger Inc. follow. Prepare a statement of cash flowsindirect method. Additional information: 1. New plant assets costing $100,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $7,500 and accumulated depreciation of $48,500 were sold for $1,500 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $26,030 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Instructions Net cash provided- Prepare a statement of cash flows using the indirect method. oper, act: $176,93