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Evangel Inn Condensed Income Statement For the Year Ended 20X7 Revenues: Sales Interest Income $2,700,000 80,000 2,780,000 Total Revenues Expenses: Salaries and Wages Depreciation Amortization (franchise fees) Interest Expense Other Expenses 750,000 340,000 10,000 100,000 1,140,000 Income Before Gain and Losses and Income Taxes 440,000 Gain on Sale of Equipment Loss on Sale of Investments Income Taxes Net Income 20,000 (50,000) 80,000 330,000 Other Information: 1. Sold Equipment for $80,000 2. Sold Investments for $50,000 3. Purchased Marketable Securities for $5,000 4. Purchased Equipment for $210,000 5. Purchased Investments for $400,000 6. Purchased Treasury Stock for $140,000 7. Issued Common Stock for $25,000 8. Borrowed Long-Term Loan for $200,000 9. Repaid Long-Term Debt $50,000 10. Declared and Paid Dividends $210,000 Prepare a Statement of Cash Flow using the Indirect Method