This is the first problem and P16A-37A goes off of the the first problem

16-34A Preparing the statement of cash flows indirect method with non-cash transactions The 2015 income statement and comparative balance sheet of Rolling Hills, Inc. follow: ROLLING HILLS, INC. Income Statement Year Ended December 31, 2015 Sales Revenue 436,000 Cost of Goods Sold 202,200 Gross Profit 233,800 Operating Expenses 78,400 Salaries Expense Depreciation Expense Plant Assets 14.400 Other Operating Expenses 10.200 Total Operating Expenses 103,000 130,800 Operating Income Other Revenues and (Expenses): Interest Revenue 8.000 (21,900) Interest Expense Total other Revenues and (Expenses Net Income Before Income Taxes 116,900 Income Tax Expense 19.100 Net Income 97,800