prepare a statement of cash flows for the company using the indirect method. information needed is in the pictures below.

Using the Indirect Method, prepare The Statement of Cash Flows for XYZ Corp. Partial Balance Sheet and other financial statement information: For the Year Ended December 31, 2017 Sales Revenue $ 1,000,000 Cost of Goods Sold 800,000 Gross Profit $ 200,000 Operating Expenses 360,000 Loss Before Interest and Taxes $ (160,000) Interest Expense 40,000 Net Loss (200,000) Cash Accounts Receivable Inventory Prepayments Total Current Assets Land Plant and Equipment Accumulated Depreciation Total Long-Term Assets Total Assets Accounts Payable Other Accrued Liabilities Interest Payable Total Current Liabilities Long-Term Loan Payable Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & SE December 31 2017 2016 110,000 95,000 65,000 90,000 115,000 165,000 70,000 60,000 360,000 410,000 490,000 415,000 885,000 815,000 (415,000) (315,000) 960,000 915,000 1,320,000 1,325,000 132,500 107,500 42,500 52,500 22,500 17,500 197,500 177,500 347,500 257,500 562,500 407,500 212,500 482,500 775,000 890,000 1,320,000 1,325,000 Dividends Paid for 2017 are $ 70,000 Depreciation Expense is $ 100,000 Land and plant and Equipment were acquired for cash, and additional stock was issued for cash. Cash also was received from additonal bank loans