Part 5: On Page 8, using the 12 facts shown below prepare an indirect method cash flows statement for Precision Repair Co, a services company, for the year ending December 31, 20x4, according to GAAP format and terminology. Note that not all lines may be needed. As a reminder, this is a different company than what was presented in the prior financial statements (ie, please do not use any amounts/items from the previous pages). A. Equity investments were purchased for $27,000. B. Accounts payable increased by $31,800 during the period. C. A $47,200 bonds payable was repaid by issuing equivalent common stock. D. Net income for 20x4 is $43,700. E. Treasury stock was purchased for $35,300. F. Land that originally cost $53,700 was sold for $69,100. G. Beginning cash at January 1, 20X4, is $122,500. H. Payment was made to satisfy a dividends payable of $8,700. 1. Amortization expense for the period is $23,900. J. Collected $11,800 from a customer's notes receivable. K. The short-term prepaid insurance decreased by $5,500 during the period. L. Salaries and wages payable had a $17,000 balance at January 1, 20x4, and a $3,200 balance at December 31, 20X4. Precision Repair Co. Cash Flows Statement For the year ended Dec 31, 20X4