The net income for the year was $126. Cash dividends were $21. The company did not dispose of any property, plant, and equipment, issue any bonds payable, or repurchase any of its own common stock during the year. Required: Prepare a statement of cash flows in good form using the indirect method.

Comparative Balance Sheet Ending Beginning Balance Balance Assets $ 27 30 65 500 $ 29 26 61 390 Inventory... Property, plant and equipment Less accumulated depreciation Total assets.. . $444 $346 Liabilities and stockholders' equity Accounts payable.. Accrued liabilities ncome taxes payable Bonds payable. Common stack Retained earnings $46 23 46 78 34 217 $444 S43 24 47 90 30 112 $346