solution required ASAP

Q.6 Presented below are the financial statements of Rajesh Company. (6 Marks) RAJESH COMPANY Comparative Balance Sheets RAJESH COMPANY Income Statement For the Year Ended December 31, 2012 Additional data: 1. Dividends declared and paid were $25,000. 2. During the year equipment was sold for $8,500 cash. This equipment cost $18,000 originally and had a book value of $8,500 at the time of sale. 3. All depreciation expense, $14,500, is in the operating expenses. 4. All sales and purchases are on account. Instructions (7 Marks) (a) Prepare a statement of cash flows using the indirect method