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

2018 2017

net income. 142,500 162,000

deprec. expense 42,000 35,000

purchase of plantassets 135,000 125,000

disposal of plant assets 40,000 50,000

gain(loss)disposal plant assets

(10,000) 5,000

accts receiv. balance 64,500 58,000

accts. 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

commons stock issued for cash

20,000 0