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The Edison Corporation is given below: and comparative balance sheet of EDISON CORPORATION Income Statement For the Year Ended December 31, 2017 3,450 2.350 Cost

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The Edison Corporation is given below: and comparative balance sheet of EDISON CORPORATION Income Statement For the Year Ended December 31, 2017 3,450 2.350 Cost of goods sold Gross profit Selling and administrative expenses 1.100 635 40 675 Other revenues and gains Gain on sale of investments Income before tax Income tax expense Net income $ 405 During the year 2017, a dividend of $130 was declared and paid by management of Edison Corporation. Some plant assets were purchased during 2017 and the payment was settled by issuing common stock amounting to $35 EDISON CORPORATION Comparative Balance Sheet As on December 31, 2017 and 2016 2017 2016 Assets: Cash and cash equivalents Accounts receivable Inventory Plant assets S 900 575 650 950 850 (600) (585) 710 800 950 Long-term investments 650 Total 3.575 3.150 Liabilities and capital: 450 125 775 850 950 Accounts payable 600 100 Accrued liabilities Bonds payable Capital stock 950 1.225 Total S 3.575 3.150 Required: Using the data given above, prepare statement of cash flows of Edison Corporation using indirect method

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