PLEASE HELP ASAP

The balance sheets for Kinder Company showed the following information. Additional information concerning transactions and events during 2018 are presented below.

Kinder Company Balance Sheet
	December 31
	2018	2017
Cash	$30,900	$10,200
Accounts Receivable (NET)	43,300	20,300
Inventory	35,000	42,000
Long-term investments	0	15,000
Property, Plant, and Equipment	236,500	150,000
Accumulated Depreciation	(37,700)	(25,000)
	$308,000	$212,500

Accounts Payable	$17,000	$26,000
Accrued liabilities	21,000	17,000
Long-term notes payable	70,000	50,000
Common Stock	130,000	90,000
Retained earnings	70,000	29,000
	$308,000	$212,500

Additional data:

1. Net income for the year 2018, $61,000.

2. Depreciation on plant assets for the year, $12,700.

3. Sold the long-term investments for $33,000 (assume gain or loss is ordinary).

4. Paid dividends of $20,000.

5. Purchased machinery costing $26,500, paid cash.

6. Purchased machinery and gave a $60,000 long-term note payable.

7. Paid a $40,000 long-term note payable by issuing common stock

INSTRUCTIONS:

Prepare a statement of cash flows (using the indirect method) for 2018 for Kinder Company.