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

2018 $113,500 142,500 42,000 135,000 40,000 2017 $37,500 162,000 35,000 125,000 Cash balance Net income Depreciation Expense Purchase of Plant Assets Disposal of Plant Assets Gain (Loss) on Disposal of Plant Assets Accounts Receivable Balance Accounts Payable Balance Interest Expense Income Taxes Paid Dividends Paid Common Stock Issued for Cash (10,000) 64,500 50,000 5,000 58,000 42,000 39,000 8,000 35,000 6,000 28,000 25,000 30,000 20,000 0