Selected financial information for the Adelphi Company for the fiscal years ended December 31, 2018 and 2017 follows. Prepares a cash flow statement using the indirect method. Properly title the statement.

2018 2017 Cash balance $113,500 $37,500 Net income 142,500 162,000 Depreciation Expense 42,000 35,000 Purchase of Plant Assets 135,000 125,000 Disposal of Plant Assets 40,000 50,000 Gain (Loss) on Disposal of Plant Assets (10,000) 5,000 Accounts Receivable Balance 64,500 58,000 Accounts Payable Balance 42,000 39,000 Interest Expense 8,000 6,000 Income Taxes Paid 35,000 28,000 Dividends Paid 30,000 25,000 Common Stock Issued for Cash 20,000 e