Prepare the statement of cash flow for Special Bakery Ltd. using the indirect method. Special Bakery Ltd. Balance Sheet As at August 31 2023 2022 Assets Current Assets Cash $-9,900 $11,000 Accounts Receivable $13,200 $6,000 Prepaid Insurance $3,300 $1,100 Merchandise Inventory $32,200 $18,000 Total Current Assets $38,800 $36,100 Property, Plant & Equipment Equipment $190,000 $157,000 Less: Accumulated Depreciation $-26,800 $-17,100 Total Assets $202,000 $176,000 Liabilities Current Liabilities $18,300 $18,300 Long-Term Liabilities $22,000 $39,000 Total Liabilities $40,300 $57,300 Shareholders' Equity Common shares $64,000 $54,000 $97,700 $64,700 Retained earnings. Total Shareholders' Equity Total Liabilities and Equity $161,700 $118,700 $202,000 $176,000 Assume current liabilities include only items from operations (e.g., accounts payable, tax payable). Long-term liabilities include item- and other long-term liabilities). Assume no equipment was sold during the year. Prepare the cash flow statement for 2023 using the indirect method. Assume the net income for 2023 was $33,000. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Special Bakery Ltd. Cash Flow Statement For the Year Ended August 31 Cash Flow from Operating Activities Net Income Add: Depreciation Change in Operating Assets and Liabilities Change in Accounts Receivable Change in Prepaid Insurance Change in Merchandise Inventory Net Cash Provided (Used) by Operating Activities Cash Flow from Investing Activities Purchase of Equipment Net Cash Provided (Used) by Investing Activities Change in Merchandise Inventory Net Cash Provided (Used) by Operating Activities Cash Flow from Investing Activities Purchase of Equipment Net Cash Provided (Used) by Investing Activities Cash Flow from Financing Activities Issued Common Shares Paid Long-Term Liabilities Net Cash Provided (Used) by Financing Activities Net increase (decrease) in cash Cash at the beginning of the year Cash at the end of the year