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please show calculations! thank you! GEFORCE 1. The following schedule of information relates to Pittsburgh Products for the year, 2019 (45 points): Income statement data:

please show calculations! thank you! image text in transcribed
GEFORCE 1. The following schedule of information relates to Pittsburgh Products for the year, 2019 (45 points): Income statement data: Sales $1.160,000 Depreciation expense 42.000 Net Income 154.000 Cash receipts: From issuance of common stock $88,000 From sale (at book value) of stock investment 56,000 Cash payments: For purchase of land $248,000 To stockholders as dividends 44,000 To payoff notes payable 28,000 Change in working capital accounts: Cash increase $10,000 Accounts receivable increase 12,000 Inventory decrease 6,000 Accounts payable decrease 8,000 Accrued liabilities increase 4,000 The cash balance was $44.000 at the beginning of 2019. Required: In good form, prepare a 2019 statement of cash flows for Pittsburgh Products using the indirect method. Enter your answers in the yellow boxes on the following page. Some of your answers should be negative numbers and some should be positive numbers

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