Statement of Cash Flows-Indirect Method The income statement for Spectral Corp. for 2017 is as follows: b. Operating expenses include $70,000 of depreciation. c. Land and plant and equipment were acquired for cash, and additional stock was issued for cash. Cash also was received from additional bank loans. The president has asked you some questions about the year's results. He is disturbed with the $109,000 net loss for the year. He notes, however, that the cash what appear to be conflicting signals: "How could we have possibly added to our bank accounts during such a terrible year of operations?" Required: b. Operating expenses include $70,000 of depreciation. c. Land and plant and equipment were acquired for cash, and additional stock was issued for cash. Cash also was received from additional bank loans. what appear to be conflicting signals: "How could we have possibly added to our bank accounts during such a terrible year of operations?" Required: 2. Despite a net loss for the year, Astro was able to increase its cash at the end of the year Astro can increase its net profits by