Please show formulas using the Indirect Method!

3 E23-11 (SCFIndirect Method) Condensed financial data of Pat Metheny Company for 2014 and 2013 are presented below. PAT METHENY COMPANY COMPARATIVE BALANCE SHEET As OF DECEMBER 31, 2014 AND 2013 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 2014 $1,800 1,750 1,600 1,900 (1,200) 1,300 $7,150 $1,200 200 1,400 1,900 2,450 $7,150 2013 $1,150 1,300 1,900 1,700 (1,170) 1,420 $6,300 $ 900 250 1,550 1,700 1,900 $6,300 Accounts payable Accrued liabilities Bonds payable Capital stock Retained earnings PAT METHENY COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2014 Sales revenue $6,900 Cost of goods sold 4,700 Gross margin 2,200 Selling and administrative expense 930 Income from operations 1,270 Other revenues and gains Gain on sale of investments 80 Income before tax 1,350 Income tax expense 540 Net income 810 Cash dividends 260 Income retained in business $ 550 Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2014 Instructions Prepare a statement of cash flows using the indirect method