use the following excerpts from john financial information to prepare a statement of cash flows (indirect method) for the year 2019.

inventory: $35,000 if you cant see it

2019 Income Balance Statement Sheets Sales Cost of Goods Sold Operating Expenses, other than depreciation expense Depreciation Expense Gain on Sale of Plant Assets $425,000 (231,500) (60,600) (27,000) 25,500 174,400 Net Income Dec. 31, 2019 Cash $321,450 Accounts Receivable 39,750 Inventory 33,000 Accounts Payable 17,550 Accrued Liabilities 3,500 Dec. 31, 2018 Cash $133,500 Accounts Receivable 36,500 inventory Accounts Payable 19,550 Accrued Liabilities 2,200 Additional Information: Plant assets were sold for $40,000; book value $16,500 Dividends of $25,000 were declared and paid