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Condensed foncial data of Sarasota inc. follow. Additional information: 1. New plant ssets costing $230,000 were purchased for cash during the year. 2. Old plant assets hwine an criginal cost of $132.250 and secumulated depreclation of $111.550 were 50k for $3.450 cash. 3. Bonds payable matured and were puld off at face value for cash. Additional information. 1. New plant assets conting $230.000 were purchased for cash during the vear: 2. Old ntant astets havine an orieinal cost of \$132.250 and accumulated deoreciaticn of $111,550 were sold for $3,450 cash 3. Donds pyable matured and were paid eft at face value for cank 4. A cash dividend of $59,86% wan declared and paid durine the year. 5. Common stock was issued at pur for cash. 6. There were no significant neocash transactions Question 12 of 12 13 SARASOTA INC. Statement of Cash Flows - Indirect Method s Adjustments to reconcile net income to 5