The income statement, balance sheet, and supplementary information for Milman Company are as follows: MILMAN COMPANY Income Statement year ended December 31, 2019 MILMAN COMPANY Statement of Financial Position December 31, 2019 $50,000 2019 $5,400 11,000 -500 2018 $4,500 7,400 -400 Cash Accounts receivable Allowance for doubtful accounts Inventory Equipment Accumulated amortization Patents Land Sales revenue Amortization expense - patent Amortization expense - equipment Cost of goods sold Income tax expense Interest expense Loss on sale of equipment Miscellaneous expenses Salaries expense Net income $ 150 1,000 28,000 3,500 800 200 400 9,500 43,550 $ 6,450 13,000 11,000 29,000 31,650 -4,500 -5,000 1,500 1,650 16,250 10,000 $ 71,150 $60,800 Accounts payable Salaries payable Income tax payable Long-term bonds payable Common shares, no par value Retained earnings $ 13,000 10,000 7,000 6,500 24,150 10,500 $ 71,150 $10,000 10,500 5,000 9,000 19,000 7,300 $ 60,800 Equipment was sold for $950, it had originally cost $2,650 and had accumulated amortization of $1,500. Land was acquired for $4,250. Shares with a fair market value of $2,000 were issued in exchange for land. A cash dividend of $100 was paid and a 10% stock dividend (market value $3,150) was issued. . Long-term bonds with a face value of $2,500 were repurchased at par Required Prepare a statement of cash flow for the year ended December 31, 2019 using the indirect method