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The comparative balance sheet of Whitman Co. at December 31,20Y2 and 20Y1, is as follows: Statement of cash flows-indirect method Instructions Labels and Amount Descriptions

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The comparative balance sheet of Whitman Co. at December 31,20Y2 and 20Y1, is as follows: Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20Y2 are as follows: ACCOUNT Buildings ACCOUNT Accumulated Depreciation-Buildings ACCOUNT Equipment ACCOUNT Accumulated Depreciation-Equipment ACCOUNT Bonds Payable structions Instructions Jan. 1 Balance Dec. 7 Issued 8,000 shares of common stock for $50 per share 200,000 758,000 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 2,585,700 Dec. 31 Netloss 35,3202,550,380 31 Cash dividends 32,4002,517,980 Prepare a statement of cash flows, using the indirect method of presanting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Use the minus sign to indicate net loss, cash outflows, cash payments, decreases in cash, or any negative adjustments

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