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Prepare the statement of cash flow using the indirect method Details 2015 2014 cash $25,000 $20,000 Account Payable $10,000 $9,000 Account Receivable. $17,000 $15,000 Investment

Prepare the statement of cash flow using the indirect method

Details 2015 2014

cash $25,000 $20,000

Account Payable $10,000 $9,000

Account Receivable. $17,000 $15,000

Investment $30,000 $25,000

common stock $14,000 $13,000

Bond Payable $15,000 $15,000

Additional information

  1. the net income was $23,000
  2. The depreciation was $2,000
  3. delivery van that bought was sold for $3000 Create a Statement of Cash Flows using the information provided.

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