Statement of Cash Mows-indirect Method The following balances are availabie for Madison Comgany: Bonds were issued during 2017 at face value, and plant and nqupment mure acquired for cash. Depreciabion expense for the year was $50,000. A net loss of $21,800 was reperted. Requiredi 1. Prepare e statement of cash fiows for 2017 using the indirect method in the Operating Activities section, Use the minus sign to indicate net loss, cash payments, cash outflows, or decreases in cash