The statement of income and unclassified statement of financial position for Sandhill Inc. follow:

$\backslash$table$[[\backslash$table$[[$Sandhill Inc.$],[$Statement of Financial Position$],[$March $31]],],[$Assets$,2024,2023,],[$Cash$,$$$47,700,$$$99,270,],[$Trading investments,$210,800,224,000,],[$Accounts receivable,$112,000,40,400,],[$Inventory$,276,380,199,500,],[$Estimated inventory returns,$10,000,3,000,],[$Prepaid expenses,$26,065,35,175,],[$Equipment$,307,000,286,370,],[$Accumulated depreciation,$(88,745),(65,595),],[$Total assets,$$901,200,$$$822,120,],[$Question $1$ of $1],[$Accumulated depreciation,$(88,745),(65,595)$

Indirect method of cash flow