use indirect approach for all question. thank you so much!

AutoSave O OFF ~ ~ 5: final exam review(1) - Saved to my Mac Q Search Sheet Q v Home Insert Draw Page Layout Formulas Data Review View Share Comments Cut LE Copy Calibri (Body) v 11 A de Wrap Text v General Norma Bad Good Neutra Calculation TIX Autosum ~ A. . Paste Format B Uv MVAv Merge & Center v $ ~ % 9 Conditional Format neck Cel Explanatory T... Followed Hyp.. Hyperlink Input Insert Delete Sort & Find 8 Ideas Formatting as Table Format Fill X Clear v Filter Select Sensitivity Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates H1 + XV fx B D Formula Bar G H J K M N 0 P Q R S T U V w X Adjusted Trial Balance Adjusted Trial Balance XYZ Corporation 2015 2014 3 DR CR OR Cr 4 Cash 157,00 78,00 5 A/R 170,000 185,000 6 Allowance for Doubtful accounts 30,000 30,00 7 Investment 52,000 74,000 8 Equip 279,000 240,000 9 AD-Equip 106,00 89,000 10 Accounts payable 109,000 121,000 11 Income tax payable 27,000 29,00 12 Common Stock 160,000 160,000 13 14 15 Retained Earnings 148,000 85,000 16 Sales 600,000 580,000 17 COGS 350,000 340,000 18 Salaries Expense 93,000 120,000 19 Depreciation expense 17,000 8,000 20 Dividends 30,000 20,000 21 Loss on Sale 5,000 22 Tax expense 27,000 29,000 23 Totals 1,180,000 1,180,000 1,094,000 1,094,000 24 25 26 27 Sold investments @ a loss of $5,000; investments are long term. 28 29 30 WACSO 80,000 shares weighted average shares outstanding 31 32 33 34 Prepare the current year financial statements. 35 Income statement, Statement of Retained earnings, Balance sheet and Statement of Cash Flows. 36 37 38 39 40 Sheet1 Sheet2 Sheet3 + 120%