statement of cash flows. The completed comparative balance sheets and income statement are summarized:

Additional Data:

a$.$ Bought equipment for cash, $$24,000.$

b$.$ Paid $$6,600$ on the long$-$term notes payable.

c$.$ Issued new shares of stock for $$19,000$ cash.

d$.$ No dividends were declared or paid.

e$.$ Other expenses included depreciation, $$5,600$; salaries and wages, $$20,600$; taxes, $$6,600$; utilities, $$7,400.$

f$.$ Accounts Payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume these expenses were fully paid in cash.

Required:

PreDare the statement of cash flows for the current vear ended December $31$ usina the indirect method