Prepare a statement of cash flows for 2019 using the indirect method.

2019 Net Income $ 20,000 Sold.PPE with a cost of $3,000 and accumulated depreciation of $1,000 for $5,000 cash Purchased (redeemed) $9.000 in book value of our own bonds for $7.000 in Cash Purchased $4,000 of equipment through issuance of common stock All other transactions are for cash Assets 12/31/19 12/31/18 Cash $ 8.000 $ 11,000 Accounts Receivable 19,000 13,000 Inventory 21.000 26,000 Long-Term Investments 25,000 17,000 Equipment 40,000 33,000 Accumulated Depreciation (20,000) (15,000) Total Assets $ 93,000 $ 85,000 Liabilities and Shareholders' Equity Accounts Payable $ 17,000 $ 7,000 Bonds Payable 36,000 45,000 Total Liabilities 53,000 52,000 Total Paid in Capital 15,000 23,000 Retained Earnings 25,000 10,000 Total Stockholders' Equity 40,000 33,000 Liabilities and Stockholders' Equity $ 93,000 $ 85,000 HTML Editore 1 x : - 4