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Prepare a Statement of Cash Flows in good form for this company using the indirect method. Include a schedule of noncash investing and financing

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Prepare a Statement of Cash Flows in good form for this company using the indirect method. Include a schedule of noncash investing and financing transactions, if applicable. Summer Corp. Income Statement Year End 12/31/2022 Net Sales Cost of Goods Sold Gross Profit 950,000 670,000 280,000 Operating Expenses Depreciation Expense 92,000 Admin/Selling Expenses 164.000 256.000 Net Operating Income 24,000 Other Revenue/(Expenses) Loss on Bond Redemption. (14,000) Gain on Sale of Equipment 5.000 Net Income. 15.000

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