Statement of cash flows. the following items involve the cash flow activities of Rocky Horror Picture Co. for 2016.

a. Net income, $41,000

b. Payment of dividnets, $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 recievable 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 balancd, $13,000

Prepare Rocky Horror Picture's statement of cash flows for 2016 using the indirect method.

f.