Use the following information regarding the Surpa Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Surpa's operating-cash-flow-to-current-liabilities ratio. Accounts payable increase $13,000 Accounts receivable increase 4,000 Accrued liabilities decrease 6,000 Amortization expense 7,000 Cash balance, January 1 21,000 Cash balance, December 31 17.000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common stock 40,000 Cash received from sale of equipment 17.000 Depreciation expense 29.000 Gain on sale of equipment 7000 Inventory decrease 13000 income 78.000 Prepaid expenses increase 3.000 Average current liabilities 140,000 Cash Flow from Operating Activities Net Income $ 78,000 Add (deduct) items to convert net income to cash basis Depreciation Amortization Gain on Sale of Equipment Accounts Receivable Increase Inventory Decrease Prepaid Expenses increase Accounts Payable Increase Accrued Liabilities Decrease Cash Flow Provided by Operating Activities Cash Flow from Investing Activities Sale of Equipment Purchase of Land Cash Used by Investing Activities Cash Flow from Financing Activities Issuance of Common Stock Retirement of Bonds Payable Payment of Dividends Cash Used by Financing Activities Net Decrease in Cash Cash at Beginning of Year Cash at End of Year $ b. Operating-cash-flow-to-current liabilities ratio (Round answer to two decimal places.)