Prepare a completed statement of Cash Flows for calnder- year 20X2 using the indirect method.

20X2 20X1 Assets $ 361 3528 Accounts Rovato Medisory 87.75 74.05 67.68 67 68 210.00 Long-term investments Machinery Accumulated depreciation Talassets -40.100) 437.440) $393.35 S341,82 $ S 12.87 $149.37 $139,89 Liabilities Accounts payable Income taxes payable Bonds payable Total liabilities Equity Common stock Paid-in capital in excess of par Retained camins Tocality Tocal liabilities and equity 140.10 115.20 10.80 15.60 52419 $201.92 53412 5193.15 1 PM Sat Deco Equity Common stock 110.40 115.20 Pand-in capital in Crocs of por 15.60 10.80 Retaimed camings Total quity Total liabilities and equity $243.98 $793.35 $201.92 S341.82 XYZ Company Income Statement For Year Ended December 31, 20X2 Sales Cost of goods sold Depreciation expense Other operating expenses Interesteps Other gains (losses Loss on sale of Income before taxes Incontres expense Net Income Additional Information There was no loss or gain on the sales of the long-term investments, nor on the bonds retired 2. Old machinery with an original cost of $45,060 was sold for 52,520 cash. 3. New machinery was purchased for $81,060 cash 4. Cash dividends of S40,320 were paid 5. Additional shares of stock were issued for cash Prepare a complete statement of Cash Flows for calendar-year 20X2 using the indirect method 2:35 PM Sat Dec 5 75% ACC Project #2 R + A U 19 III Retained earnings Total equity $243,98 $201,92 Total liabilities and equity $393,35 $341,82 XYZ Company Income Statement For Year Ended December 31, 20X2 Sales $288,0 Cost of goods sold $97.0 35.2 Depreciation expense Other operating expenses 57.6 Interest expense (192,36 Other gains (losses) Loss on sale of equipment (10.08 Income before taxes 85.56 Income taxes expense Net Income Additional Information: 1. There was no loss or gain on the sales of the long-term investments, nor on the bonds retired. 2. Old machinery with an original cost of $45,060 was sold for $2,520 cash. 3. New machinery was purchased for $81,060 cash. 4. Cash dividends of $40,320 were paid. 5. Additional shares of stock were issued for cash. Prepare a complete statement of Cash Flows for calendar- year 20X2 using the indirect method