Question 4 (15 points) Selected financial information for the Bravo-Zulu Company for the fiscal year ended December 31, 2016 is as follows: Net Income Depreciation Expense Purchases of plant assets Proceeds on disposals of plant $122,500 50,000 125,000 20,000 assets Loss on Disposal of plant assets Accounts receivable increased Accounts payable decreased Interest expense Income tax expense 7,500 2,500 4,000 5,000 2,500 Additionally, Bravo-Zulu issued stock in exchange for an outstanding note payable of $72,500. The cash balance on January 1, 2016 was $37,000. The January 1, 2016 balance for Retained Earnings was $250,000 and the December 31, 2016 balance for Retained Earnings was $342,500. Use this information to prepare Bravo-Zulu Company's Statement of Cash Flows for the year ended December 31, 2016 using the indirect method