Rocky Mountain Chocolate Factory manufactures an extensive line of premium chocolate candies for sale at its franchised and company$-$owned stores in malls throughout the United States. Its balance sheet as of May $31,$ the of the first quarter of a recent year, is presented along with an analysis of selected accounts and transactions: ROCKY MOUNTAIN CHOCOLATE FACTORY, INC. Balance Sheets February May $31($Unaudited$)$ Assets $29$ Current assets Cash and cash equivalents $ $921,505$ $ $528,7871,602,5821,463,901$ Accounts and notes receivable$-$ trade, less allowance for doubtful accounts of $$43,196$ at May $31$ and $$28,196$ at February $29$ Inventories $2,748,7882,504,908$ Deferred tax asset $59,21959,219$ Other $581,508224,001$ Total current assets $5,913,6024,780,816$ Property and equipment$-$at $14,010,79612,929,675$ cost Less accumulated depreciation and amortization $(2,744,388)(2,468,084)11,266,40810,461,591$ Other assets Notes and accounts receivable due after one year $100,206111,588330,359336,260$ Goodwill and other intangibles, net of accumulated amortization of $$259,641$ at May $31$ and $$253,740$ at February $29$ Other $574,130624,1851,004,6951,072,033$ Source: Rocky Mountain Chocolate Factory, Inc. $$18,184,705$ $$16,314,440$ Liabilities and Equity Current liabilities Short$-$term debt $ $0$ $ $1,000,000$ Current maturities of long$-$term debt $429,562134,5381,279,455998,520714,473550,386$ Accounts payable$-$trade Accrued liabilities Income taxes payable Total current liabilities $11,19854,2292,434,6882,737,673$ Long$-$term debt, less current maturities $4,193,2902,183,877$ Deferred income taxes $275,508275,50891,02991,029$ Stockholders' Equity Common stock$-$authorized $7,250,000$ shares, $$0\mathrm{.}03$ par value; issued $3,034,302$ shares at May $31$ and at February $29$ Additional paid$-$in capital Retained earnings $9,703,9859,703,9852,502,1042,338,26712,297,11812,133,2811,015,8991,015,899$ Less common stock held in treasury, at cost$-129,153$ shares at May $31$ and at February $2911,281,21911,117,382$ $$18,184,705$ $$16,314,440$ The accompanying notes are an integral part of these statements. Analysis of Selected Accounts and Transactions: Page $668$ a$.$ Net income was $$163,837.$ Notes and accounts receivable due after one year relate to operations. b$.$ Depreciation and amortization totaled $$282,205.$ c$.$ No other noncurrent assets $($which relate to investing activities$)$ were purchased this period. d$.$ No property, plant, and equipment were sold during the period. No goodwill was acquired or sold. e$.$ Proceeds from issuance of long$-$term debt were $$4,659,466,$ and principal payments were $$2,355,029.($Combine the current maturities with the long$-$term debt in your analysis.$)$ f$.$ No dividends were declared or paid. g$.$ Ignore the deferred tax asset and deferred income taxes accounts. Required: Prepare a statement of cash flows for the quarter ended May $31,$ using the indirect method.