Required: 1. Calculate the net cash flow from Operating, Investing & Financing activities using the Indirect Method 2. Calculate the cash flow increase or decrease using the Indirect Method

Bar Co. had the following transactions during the current financial reporting period. Decrease in inventories $13,000 Increase in accounts payable $34,000 Decrease in income taxes payable $36,700 Decrease in wages payable $18,000 Proceeds on Sale of Equipment $80,000 Repayment of bonds $50,000 Net Income $86,000 Depreciation $20,000 Decrease in accounts receivable $35,000 Issuance of Common shares $10,000 Proceeds on sale of land $75,000 Gain on sale of land $25,000 Payment of dividends $40,000