Statement of Cash Flows The following items involve the cash flow activities of Rocky Horror Picture Co.: a. Net income, $41,000 b. Payment of dividends, $16,000 c. Ten-year, $28,000 bonds payable were issued at face value d. Depreciation expense, $11,000 e. Building acquired at a cost of $40,000 f. Accounts receivable decreased by $2,000 g. Accounts payable decreased by $4,000 h. Equipment acquired at a cost of $8,000 i. Inventories increased by $7,000 j. Beginning cash balance, $13,000 Required: Prepare Rocky Horror Picture's statement of cash flows using the indirect method. Use a minus sign for any negative amounts. ROCKY HORROR PICTURE CO. Statement of Cash Flows For Year Ended December 31, Current Year Operating Activities: Adjustments for differences between income flows and cash flows from operating activities: Investing Activities: Financing Activities