The Murdock Corperation reported the following balance sheet data for 2006 and 2005 20062005 Cash $77,375 $(22,955) available for sale securities (not cash equivalents) 15,500 85,000 Account recievable 80,000 68,250 inventory 165,000145,000 prepaid insurance 1,500 2,000 Land, Buildings, and equipment 1,250,000 1,125,000 Accumulated Depreciation (610,000) (572,000) Total Assets 979,375 830,295 Accounts Payable $76.340 $102,760 Salaries Payable 20,000 24,500 Notes Payable (current) 25,000 75,000 Bonds Payable 200,000 0 Common Stock 300,000 300,000 retained earnings 358,035 328,035 Total Liabilities shareholders equity 979,375 830,295 Additional information for 2006 (1) sold available for sale securities costing $69,500 for $74,000. (2.) Equiptment costing $20,000 with a book value of $5,00 was sold for 6,000. (3.) Issued 6% bonds payable at par $200,000 (4.) Purchased new equiptment for cash $145,000 (5.) paid cash dividends of $20,000. (6.) net income was $50,000 (7.)proceeds of the notes payable were used for operating purposes Required: Prepare a statement of cash flows for 2006 in good form using the indirect method for cash flows form operating activities.