picture contains the question

Q4. MIXING Company published the following financial statements for the year given below. Prepare the company's statement of cash flows for the year ended December 31, 2017 using indirect method. [30 Marks] Income Statement for the year Ended December 31, 2017 Sales revenue 1780 COGS 930 Operating expenses 442 Interest expense 24 Loss on disposal of equipment 4 Income before income taxes 380 Income tax expense 130 Net income 250 Comparative Balance sheets: December 31, 2016 and 2017 Assets 2017 2016 Liabilities and Stockholders' equity 2017 2016 Cash 108 74 Account payable 46 80 Account receivables 136 52 Accrued expense payable 20 0 Inventory 108 0 Bonds payable 220 300 Prepaid expense 8 12 Common stock ($1 par) 440 120 Land 90 140 Retained earnings 412 272 Buildings 100 400 Total 1138 772 Accumulated depreciation- (42) (22) buildings Equipment 386 136 Accumulated depreciation- (56) (20) Equipment Total 1138 772 Additional information for year 2017 is given below. X. Operational expenses include depreciation expense of Rs66 and charges from prepaid expenses of Rs4 2. The land was sold at its book value for cash. Cash dividend of Rs1 10 were declared and paid in 2017 Interest expense of Rs24 was paid in cash Equipment with a cost of Rs332 was purchased for cash. Equipment with a cost of Rs82 and a book value of Rs72 was sold for Rs68 cash 6. Bonds of Rs20 were redeemed at their face value for cash. Bonds of Rs60 were converted into common stock. 7. Common stock (Rs1 par) of Rs260 was issued for cash & Accounts payable pertain to merchandise supplies