Statement of Cash Flow Presented below are the consolidated financial statements of Casual Clothing, Inc.

CASUAL CLOTHING INC. Consolidated Balance Sheet
	12/31/13	12/31/12
Assets
Current assets
Cash and cash equivalents	$8,794	$7,352
Merchandise inventory	94,153	42,045
Accounts receivable (net)	25,700	17,800
Other current assets	35,103	25,393
Total current assets	163,750	92,590
Noncurrent Assets
Buildings, furniture & equipment (net)	1,826,863	1,658,990
Land	2,279,946	1,458,832
Construction in process	615,722	414,725
Intangibles (net)	9,780	6,700
Total assets	$4,896,061	$3,631,837
Liabilities & Shareholders Equity
Current liabilities
Notes payable	$779,904	$176,884
Current maturities of long-term debt	250,000	350,000
Accounts payable	167,207	185,945
Accrued expenses & other liabilities	384,209	351,710
Income taxes payable	17,824	26,263
Total current liabilities	1,599,144	1,090,802
Long-term liabilities
Long-term debt	880,216	780,925
Total liabilities	2,479,360	1,871,727
Shareholders equity
Common stock ($.05 par value)	146,961	146,961
Additional paid-in-capital	1,294,967	1,294,967
Retained earnings	974,773	318,182
Total shareholders equity	2,416,701	1,760,110
Total liabilities & shareholders equity	$4,896,061	$3,631,837

CASUAL CLOTHING INC. Consolidated Statement of Earnings For Year Ended 12/31/13
Net sales	$13,673,460
Costs & expenses
Cost of goods sold	8,599,442
Operating expenses	3,629,257
Interest expense (net)	62,876
	12,291,575
Earnings before income taxes	1,381,885
Income taxes	504,388
Net earnings	$877,497

Note: In 2013, amortization expense for intangibles was $2,700 and depreciation expense for buildings, furniture & equipment was $123,000. Required Using the above financial data, prepare the statement of cash flow for 2013 for Casual Clothing, Inc. using the indirect method.