Statement of Cash Flows-Indirect Method Prepare the "Cash flows from operating activities" section of the statement of cash flows using the indirect method., 3Prepare the "Cash flows from investing activities" section of the statement of cash flows., 4Prepare the "Cash flows from financing activities" section of the statement of cash flows., 5Prepare a statement of cash flows. The comparative balance sheet of Harris Industries Inc. at December 31, 20Y4 and 20Y3, is as follows: Dec 31, 2014 Dec 31, 2043 Assets Cash Accounts receivable (net) Inventories Prepaid expenses Land Buildings Accumulated depreciation--buildings. Machinery and equipment.. Accumulated depreciation-machinery and equipment. Patents Total assets Llabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable.. Salaries payable. Mortgage note payable, due in nine years. Bonds payable Common stock, $5 par.. Paid-in capital in excess of par--common stock Retained earnings.. Total liabilities and stockholders' equity.. $ 443,240 665,280 887,880 31,640 302.400 1,713,600 (466,200) 781,200 (214200) 106,960 $4,251,800 $360,920 592,200 1,022,560 25,200 302.400 1,134,000 (414,540) 781,200 (191,520) 112,000 $3,724.420 $ 837,480 32,760 78,960 224,000 0 200,400 366,000 2,512,200 $4,251,800 $ 927,080 25,200 87,080 0 390,000 50,400 126,000 2.118,660 $3,724,420 An examination of the income statement and the accounting records revealed the following additional information applicable to 20Y4: 1. Net income, $524,580. 2. Depreciation expense reported on the income statement: buildings, S51,660; machinery and equipment, $22,680. 3. Patent amortization reported on the income statement, $5,040. 4. A building was constructed for $579,600. 5. A mortgage note for $224,000 was issued for cash. 6. 30,000 shares of common stock were issued at $13 in exchange for the bonds payable. 7. Cash dividends declared, $131,040