Q2. (W)The comparative balance sheet of Branch Co. for the year ended December 31, 2015 and the preceding year, prepare a statement of cash flows using the indirect method of reporting cash flows. An examination of the income statement and the accounting records revealed the following additional information applicable to 2016. a. Net income $184,150 b. Depreciation expense reported on the income statement : buildings; 18,450, machinery and equipment ; 8,100. c. Patent amortization reported on the income statement, 5,000. d. A building was constructed for 207,000 e. A mortgage note for 80,000 was issued for cash. f. 5,000 shares of common stock were issued at $28 in exchange for the bonds payable g. Cash dividends declared, 46,800