Question 01: Following is the comparative balance sheet of the XYZ co. as on 31^st Dec 2017:

	2017	2016
Cash & Cash equivalents	88200	22500
Account Receivables	14400	21700
Inventories	63600	60400
Account Payables	28600	27100
Accrued liabilities	10600	11200

Transactions during the year:

1. Payment of dividend17200
2. Purchase of equipment .54400
3. Issuance of long term note payable to borrow cash.50000
4. Depreciation.16700
5. Purchase of building100000
6. Net income.59600
7. Issuance of common stock for cash106000

You are required to prepare the statement of cash flows using indirect method.