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Please help in making a indirect cash flow statement using data from photo of page included. Thank you so very much. 4.9. Condensed financial statements

Please help in making a indirect cash flow statement using data from photo of page included. Thank you so very much. image text in transcribed
4.9. Condensed financial statements for ragoon Enterprises follow CHAPTER 4 Statement of Cash Flows 193 (a) Calculate the amount of dividends Dragoon paid using (b) Prepare a statement of cash flows using the indirect metriou Dragoon Enterprises Comparative Balance Sheets December 31, 2015 and 2014 2015 2014 Cash Accounts receivable Inventory Plant and equipment $1,200 $ 850 1.750 1.200.551 1,250 4,600 3,90070 1 (1.200) (1,100) 10 Accumulated depreciation Long-term investments 970 1,1101140 Total Assets Accounts payable Accrued wages payable Interest payable Income tax payable Bonds payable Capital stock Paid-in capital Retained earnings 1,100 120 O So 70 200 1,100 1400n 1,000 400 4,450 70 330 T 3,600 5 Total Liabilities and Equity $8570 $7320 Income Statement for Year Ended December 31,2015 Sales Cost of goods sold Gross proft Other expenses $9,500 6,650 2,850 Selling and administrative Depreciation Interest Income tax 1,200 100 150 350 Net income

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