Problem $12-18$A $($Algo$)$ Using financial statements to prepare a statement of cash flows$-$Indirect method LO $12-1,12-3,12-4$

The comparative balance sheets and income statements for Gypsy Company follow.

$\backslash$table$[[$Balance Sheets As of December,${?}^{31}$ Year $2,$Year $1],[$Assets$,,],[$Cash$,$$$23,255,$$$2,766$