Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-lones Industries Inc. for December 31, 20Y and 20Y1, is as follows: The following additional information is taken from the records: 1. Land was sold for 528 . 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year. 4. The common stock was issued for cash. 5. There was a $68 credit to Retained Earnings for net income. 6. There was a $21 debit to Retained Eamings for cash dividends declared. a. Prepare a statement of cash flows, using the indrect method of presenting cash flows from operating activities b. Was Olson-3ones Industries Inc's net cash now from operations more or less than net income