Use the following information to perform the calculations below $($using the indirect method$).$

Net income

Depreciation expense

Beginning accounts receivable

Ending accounts receivable

Beginning inventory

Ending inventory

Beginning prepaid insurance

Ending prepaid insurance

$$560,000$

$92,000$

$429,000$

$442,000$

$519,000$

$552,000$

$42,800$

$47,200$

Beginning accounts payable

Ending accounts payable

Purchase of long$-$term assets

Issuance of long$-$term debt

Issuance of stock for cash

Issuance of stock for long$-$term assets

Purchase of treasury stock

Sale of long$-$term investment at cost

$$115,000$

$143,000$

$753,000$

$227,000$

$159,000$

$102,000$

$62,000$

$56,000$